Developer Chancerygate has been granted planning permission to develop a major Grade A urban logistics and industrial space in Witham, Essex.
The company said the new 58,000sq ft scheme will meet growing demand in the region for Grade A logistics sites.
Dubbed Freebournes Park, the speculative development will comprise ten units ranging from 4,390sq ft to 7,030sq ft which will be available on a leasehold basis.
Construction of the scheme is set to commence in August 2022 with practical completion expected in May 2023.
The development, which is located on the established Freebournes Road Industrial Estate, is close to junction 28 of the M25 and provides easy access to Chelmsford, Colchester and Ipswich via the A12, and to nearby Braintree via the B1018.
Chancerygate development manager, Matthew Young, said: “Freebournes Park is in an excellent location and will provide Witham with much needed new units, as well as support job creation in the region.
“There is a limited supply of leasehold Grade A urban logistics and industrial accommodation within Essex and along the A12 corridor, so we anticipate strong demand from businesses operating locally and regionally for the units. We look forward to work commencing on site in August this year.”
Chancerygate, which has offices in London, Warrington, Birmingham, Bristol and Milton Keynes, currently has more than 3.5m sq ft of urban logistics and industrial space under construction or ready for development across 32 sites ranging from Bournemouth to Edinburgh.
Agents for Freebournes Park are property consultancy Lambert Smith Hampton and commercial property agents Coke Gearing.
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