Magna Park South Lutterworth

MAGNA PARK SOUTH LUTTERWORTH offers built to suit opportunities ranging in size from 186,000 SQ FT upto 1 million SQ FT in a single building.

All of the units to be developed will benefit from a best-in-class specification including wide service yards, clear internal height of 12.5M together with an array of energy saving features, 100% PV ready and designed to WELLness principles.

The unit also features the enhanced GLP ‘standard’ specification 2020 which includes an ultra-modern treatment to the design of the primary office elevation together with cutting-edge enhancements throughout the welfare facilities.

Magna Park Lutterworth is the UK and Europe’s largest dedicated logistics and distribution park situated within the Midlands’‘Golden Triangle’ of logistics.

As with all major employment locations, especially those with good strategic access, Magna Park draws its workforce from a wide area. GLP commissioned independent demographic projections of the future labour force. For the defined Magna Park catchment area there is a projected growth in labour supply over the period 2018-2031 of76,700 additional workers.

The developments will also benefit from GLP’s improved base build specification that features an ultra modern design of the primary office elevation together with a range of cutting-edge enhancements throughout the welfare facilities. Amongst the new innovations includes a new feature reception, the use of natural materials and finishes throughout, acoustic panels and exposed services in the office space and an open plan kitchen and recreational area.

In total, Magna Park South, Lutterworth can accommodate 2.8 million sq ft with build-to-suit options also available in a range of sizes, from 100,000 sq ft to over 1 million sq ft in a single building.

Key specifications

MPS 5 MPS 6 MPS 7 MPS 8

MPS 5

Total GIA

186,500 SQ FT (17,325 SQ M)

MPS 6

Total GIA

208,000 SQ FT (19,324 SQ M)

MPS 7

Total GIA

1,001,085 SQ FT (93,004 SQ M)

MPS 8

Total GIA

230,000 SQ FT (21,368 SQ M)

Key features

Reducing water usage

Rainwater harvesting for use in toilet flushing and other non-potable applications.

Optimising the use of natural light

Our triple skinned factory assembled rooflight solution can save up to 13% a year on running costs.

Recycled & recyclable materials

Our initiatives contribute to a greener world and offer distinct advantages to our customers and communities.

Monitoring energy usage

Our online energy dashboard can help customers proactively manage their energy consumption.

Cost-effective

We use high-quality materials and sustainable initiatives to add value and bottom-line savings through reduced operating costs.

Exceeding requirements

GLP is pioneer in environmentally sustainable "eco-warehouse" development, setting the industry standard.

Location

Junction 21, M1

2.5 miles

Junction 1, M6

4.5 miles

Junction 1, M69

7 miles

Rugby

7.5 miles

Coventry

19 miles

Northampton

25.5 miles

Reasons to be here

CATCHMENT

As with all major employment locations, especially those with good strategic access, Magna Park draws its workforce from a wide area. Survey evidence of where employees at Magna Park reside demonstrates the very wide-ranging labour market catchment. In a 2018 survey of employment agencies, the results indicate that occupiers tended to concentrate on Leicester and Coventry as their principal sources of labour

FUTURE LABOUR SUPPLY

or occupiers at Magna Park, the current stock of available labour in the catchment area is of interest but so will also be the supply of labour in the future. As part of their evidence to the Harborough Local Plan, GLP commissioned independent demographic projections of the future labour force. This shows that for the defined Magna Park catchment area there is a projected growth in labour supply over the period 2018 — 2031 of 76,700 additional workers, an increase of 6.4% on the size of the current workforce, or a growth rate of 0.5% p.a. over the period.

POPULATION

According to the latest Annual Population Survey (APS) data for the 12 months to March 2019, there was a total of 1.44 million people of working age 16- 4 in the Magna Park catchment area

EMPLOYMENT

The jobs density, which measures the number of jobs per working age population in an area, is at 0.85 which is similar to the Great Britain average of 0.86. This implies there is a reasonable balance between jobs and workers within this catchment area

ONSITE LOGISTICS INSTITUTE OF TECHNOLOGY (LIT)

A university-partnered logistics academy and campus to prepare students for careers in the industry and help feed the talent pool in Magna Park. “…there is a projected growth in labour supply over the period 2018 — 2031 of 76,700 additional workers…”