The East Midlands
Units for Sale in New £9 Million Small Unit Industrial/Warehouse Scheme Planned for Brackley, Northamptonshire
Industrial developer Chancerygate
www.chancerygate.com has acquired a vacant 2.5-acre site in Brackley, Northamptonshire and is set to develop 14 industrial and warehousing units ranging in size from 2,500 sq ft to 15,000 sq ft and totalling 55,000 sq ft with a development value of around £9 million.
All the units will be available for sale or on a leasehold basis and will provide Grade A industrial and warehouse accommodation which is in short supply. The site is located on the Buckingham Road
industrial area providing good access to the dualled A43, close to Silverstone (the home of the British Grand Prix) which links both the M1 and M40 motorways.
Commenting on the acquisition, Chancerygate development director, George Dickens said:
“We’re looking forward to submitting our planning application and speculatively developing this opportunity. Our development will address the pent-up demand that exists from a wide variety of businesses operating in this expanding region looking for Grade A new build accommodation.”
Founded in 1995, Chancerygate is the UK’s largest multi-unit industrial developer and asset manager and the only one operating nationwide. The company currently has up to three million sq ft of industrial space under construction or ready for development across 23 sites ranging from Bournemouth to Edinburgh. Chancerygate also manages in excess of £255m of assets across more than five million sq ft of commercial space in more than 390 units. In addition to Milton Keynes, the company has offices in Birmingham, London and Warrington.
Chris White, Managing Director, White Commercial commented:
“We are delighted to be advising Chancerygate on this scheme. There is a significant shortage of new smaller modern industrial and warehousing units along the London to Birmingham M40 Corridor available for occupiers to own and lease in a region that is seeing significant commercial and residential growth.”
Chancerygate Brackley Scheme
Tungsten Properties to Build Seven New Trade Counter Units in Brackley
Tungsten Properties, one of the UK’s leading mid-box industrial and warehouse developers, two
acres
has of
acquired land
at
Northampton Road, Brackley, Northamptonshire from Sainsbury’s for £2.1 million.
Brackley Aerial View Tungsten Properties
A planning application has been submitted to West Northamptonshire Council to
build a terrace of seven high specification trade and warehouse units to range from 4,000 sq ft to 28,275 sq ft. Three units, 1b, 2a and 3, are under offer, subject to planning.
The land is adjacent to the town’s new Sainsbury’s superstore which was built in 2020. The strategic location is also home to Marston’s Hotel & Pub, Howdens, Multimatic Motorsports, EPAC, BTC Racing and the new Brackley Medical Centre.
Brackley is well-located for access to the A43, M40 Junction 10 to Oxford and Birmingham and M1 Junction 15A at Northampton.
The new units will target BREEAM Very Good and turn-key fit-out options will be available so that businesses can move straight in.
Tungsten Trade Park Brackley CGI Ashleigh Hayes, associate development director, Tungsten
Properties said: “Brackley is a thriving town which has experienced much residential and commercial development in recent years. There is a high demand from businesses needing trade and warehouse space which makes it an excellent location for investment. This has been proven by the first three of our seven units going under offer before we have even secured planning.”
24
Carter Jonas acted on behalf of Tungsten Properties and has been retained as the letting agents alongside White Commercial.
www.whitecommercial.co.uk COMMERCIAL PROPERTY MONTHLY 2021
Chris White, managing director, White Commercial added: “This is an excellent purchase for Tungsten to develop Brackley’s first specific trade park within the new and prominently situated 25-acre development next to Sainsburys new Superstore, Marston’s Hotel and five-acre Health Campus. The region is experiencing substantial commercial and residential growth fuelled by both the area’s strategic location between M1 and M40 and the Silverstone Circuit effect as home of the British Grand Prix. We will be expecting a good level of interest from trade occupiers which, until now, have been unable to occupy purpose-built trade units and accommodation in this region.”
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40 |
Page 41 |
Page 42 |
Page 43 |
Page 44 |
Page 45 |
Page 46 |
Page 47 |
Page 48 |
Page 49 |
Page 50 |
Page 51 |
Page 52 |
Page 53 |
Page 54 |
Page 55 |
Page 56 |
Page 57 |
Page 58 |
Page 59 |
Page 60 |
Page 61 |
Page 62 |
Page 63 |
Page 64 |
Page 65 |
Page 66 |
Page 67 |
Page 68 |
Page 69 |
Page 70 |
Page 71 |
Page 72 |
Page 73 |
Page 74 |
Page 75 |
Page 76 |
Page 77 |
Page 78 |
Page 79 |
Page 80 |
Page 81 |
Page 82 |
Page 83 |
Page 84 |
Page 85 |
Page 86 |
Page 87 |
Page 88 |
Page 89 |
Page 90 |
Page 91 |
Page 92
