Developer Chancerygate has submitted plans for a speculative 100,000 sq ft grade-A logistics development near Horsham in West Sussex.
The proposed scheme will comprise seven freehold units ranging from 8,325 sq ft to 33,940 sq ft. The projected gross development value is approximately £27m.
The 4.59-acre site was formerly a manufacturing and logistics hub for Sony and is located at Southwater Business Park, around four miles south of Horsham. It is adjacent to the A24 between Crawley and Worthing, providing access to the wider south coast.
All units will have cycle storage, electric vehicle charging points and solar cells. Enhanced roof lighting will increase levels of natural daylight. The scheme is targeting EPC B and a BREEAM Very Good rating as a minimum.
Chancerygate development director Matthew Young said: “Much of the existing industrial and warehouse stock within the mid-Sussex market is either second-hand with low sustainability credentials or is only available on a leasehold basis.
“There remains strong demand from occupiers for freehold urban logistics units, who are becoming more footloose within the region. This has been made possible through the excellent road infrastructure and the desire to own property which meets occupiers’ and their clients’ environmental expectations.
Chancerygate currently has around 2.65m sq ft of urban logistics space under construction or ready for development across 19 UK sites.
Agents for the development are Graves Jenkins and JLL.
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