Birmingham-based investor and developer Hortons has secured planning for a new 175,000 sq ft fleet management centre in Leicestershire, which has been pre-let to Toyota Material Handling UK (TMHUK) on a 15-year lease.
Hortons: New unit for Toyota Material Handling
Hortons will develop the purpose-built facility on a seven-acre plot at Old Dalby Business Park, near Melton Mowbray, where TMHUK has been based for more than 20 years.
The new facility will comprise production and workshop space, office accommodation, internal and external storage and a secure service yard. It is targeting an EPC ‘A’ rating.
Construction is already under way, with practical completion targeted for March 2027. Amphion Construction has been appointed as the main contractor.
TMHUK currently refurbishes, repairs and prepares more than 12,000 trucks annually at its existing Old Dalby Business Park operation. The new centre will support the planned expansion of the team based at Old Dalby.
Jeremy Boothroyd, management surveyor at Hortons, said: “The development will deliver high-quality, sustainable industrial space that enhances TMHUK’s operational capabilities and supports its continued growth. It also forms part of our wider programme to upgrade Old Dalby Business Park.”
Stuart Reilly, TMHUK’s director – rental and used, said: “This high-quality, sustainable development will deliver a better working environment for our team members while continuing to elevate the experience we deliver to our customers. By investing in this facility, we are strengthening our ability to support our customers’ evolving needs for many years to come.”
Old Dalby Business Park extends to 39 acres and is located between Leicester, Nottingham and Loughborough. Existing units range from 2,000 sq ft to 135,000 sq ft, with planning consent in place for the development of an additional 25,000 sq ft building, which will be delivered on a build-to-suit basis.
Joint agents for Old Dalby Business Park are FHP and TDBRE.
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