Meter Provida secures new
40,000 sq ft unit at Markham Vale

Meter Provida – The UK’s leading multi utility metering specialist, has secured a new 40,000 sq ft unit over a 2.2 acre plot at Markham Vale West.

Since 2000, Meter Provida has partnered with the UK’s leading Meter Asset Managers, Utilities, Connection Companies, Installers, Networks and Infrastructure Companies to manage and deliver metering solutions on a large scale. It has acquired the site at Markham Vale to maintain the Company’s business expansion.
This significant new deal at Markham Vale, with Henry Boot Developments and Derbyshire County Council, sees Meter Provida agreeing a 15 year lease and securing the first industrial unit at Markham Vale West.

Work started on the 11th May 2015. The build programme will extend to 26 weeks, with completion forecast for early November 2015.

Managing Director, Tim Houtby said:

“We are very excited by the move to Markham Vale.   Meter Provida is seeing huge interest in its integrated supply chain solution, especially with the planned installation of Smart Meters.  The new premises will enable us to increase our product range in water and electric meters.  The strategic location of Markham Vale was key in our decision to invest in the area.  It is close to major transport routes and minimised the disruption to existing staff whilst enabling recruitment of new staff to help drive business growth.”

Ben Ward from Henry Boot Developments commented:

“We are delighted to welcome Meter Provida to Markham Vale. The interest generated and current activity here at Markham Vale is phenomenal, the past 12 months really have been quite remarkable with seven major deals taking place. In addition to Meter Provida, we recently welcomed AW Repairs, Holdsworth Foods, Ready Egg and Great Bear, which is due to start on site in autumn 2015. We’re also underway with a new building for Inspirepac, which will be ready for occupation this summer and the completion of fit out at Gould Alloys is imminent. Other interest is now likely to follow and it’s great news that phase 3, Markham Vale North, will be ready for development in summer 2015. This will deliver a further 70 acres in addition to the western plots.”

Markham Vale offers a diverse range of industrial, warehouse and office accommodation ranging from 3,000 sq ft units to over 750,000 sq ft.  Buildings are available on freehold or leasehold terms, to suit occupier requirements.