The UK’s largest wholesale tableware supplier, Utopia Tableware, has moved into a prime 168,000 sq ft unit at Langham Park near Chesterfield as part of a broader £15m expansion.
Utopia purchased One Langham Park at Temple Normanton consolidating Utopia’s operations from several properties near to J29 of the M1.
Key to the expansion, which sees Utopia retaining one unit at Holmewood Industrial Park, was the need to relocate nearby, retaining staff, coupled with vital fast-access to the motorway and close proximity to the company’s remaining unit at Holmewood Industrial Park.
Rebecca Schofield, Partner at Knight Frank, said: “The sale of One Langham Park is a milestone for Utopia Tableware as it expands the business from three, mid-sized existing premises to consolidate most of its operations under one roof following substantial market share grow in 2018 and the start of 2019, both in the UK and overseas.
“The unit is just two miles from the company’s remaining depot at Holmewood Industrial Park and provides a high specification facility with 12 metre eaves height, 15 dock-level loading doors and large secure loading yard, key requirements for the business.”
Utopia Tableware is the largest UK based supplier of Glass and Tableware to the Hospitality industry. It has its headquarters and main warehouse and distribution facility in Chesterfield and a showroom in London and the new warehouse allows the company to hold more than 30,000 pallets under one roof.
Knight Frank and JLL, acted on behalf of private equity and real estate investment firm, Cabot Properties on the deal.