£17m property development in place for Washington
Commercial property specialists, Buccleuch Property and Argon Properties have received detailed planning consent for a 157,000 sq ft manufacturing and distribution unit.
It is to be known as Velocity 194, at Armstrong Way in Washington.
The 10-acre site was purchased from B&Q in February this year and the £17m building will help address the chronic shortage of large Grade A warehousing in the region.
With detailed planning approved and a high power supply already secured for the site, the building can be available for occupation as early as the third quarter of 2019.
Neil Finnie, Buccleuch Property’s director, said: “The site in Washington is strategically located for all of the main arterial routes in the region and is less than a 10-minute drive to the Nissan Car Plant.
“We expect the high-quality design, building prominence and environmental credentials will be attractive to a wide range of occupiers.
“At this stage there is the ability to work with prospective tenants to incorporate any necessary fit out or specific building requirements for businesses seeking accommodation.”
Richard Wilks, managing director at Argon Properties, concluded: “The development partnership is delighted to have obtained detailed planning permission so quickly.
“This is a standalone site, not part of a larger development, and its location avoids many of the traditional bottle necks associated with shift patterns in the area.”
Want your business, product or service to be seen regionally and nationally? Bdaily helps you get your story in front of the right audience, every day. Find out how Bdaily can help →
Join more than 55,000 subscribers by signing up to our daily bulletin each morning here.
Enjoy the read? Get Bdaily delivered.
Sign up to receive our daily bulletin, sent to your inbox, for free.
The scale-ups rocketing through our fast world
Care about the experience, not just the outcome
The rise of an alternative investor model
Bots don't beat personal business coaching
From COVID-19 to the Middle East crisis
How to build credibility in B2B marketing
Is your business ready for the trade union change?
Government 'must take its foot off businesses' throats'
Upskilling key to civil engineering's future
Why apprenticeships are becoming a strategic asset
Business growth requires the right environment
OpenAI decision a wake-up call for our tech plans