Back
News

Royal Mail ties up Gazeley shed deal

 


The Royal Mail has completed the purchase of a 13.6-acre plot at Gazeley’s G.Park Strood in Kent, where it will build a 275,000 sq ft shed.


 


The plot, formerly comprising a 1960s distribution warehouse, was bought by Gazeley in 2008, and has detailed planning permission for a 275,000 sq ft warehouse.


 


The derelict buildings on the site have been demolished and a new entrance to the site, which will reduce vehicle movements through Strood town centre, is under construction.


 


Nigel Godfrey, senior vice president of UK operations at Gazeley, said: “The quality of our sites and infrastructure development continue to attract investment from leading business, despite current market conditions.


 


“This news places Gazeley in a strong position to continue investing in and developing key sites across strategic positions in the UK.”


 


Tom Willis, Royal Mail’s South East England regional operations director, said: “We are modernising our operations in Kent, with investment in new, purpose-built buildings, incorporating the latest energy-saving measures, sorting technology and helping us reduce vehicle mileage by some 600,000 miles per year.”


 


Nick.whitten@estatesgazette.com


 


To access all EGi news stories and commercial property data sign up for a free trial today, or visit the subscription options page to find out more

Up next…