Speculative development for Team Valley scheme

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Developer UK Land & Estates has won approval for a 250,000 sq ft speculative industrial scheme to be known as Dukesway Central on the Team Valley.

The £7.5 million development of industrial/warehousing space will be on the site of the former Scholle and Saia Burgess factories, which were demolished in 2010 saving UK Land over £100,000 in empty property rates.

The announcement comes not long after UK Land secured funding from property fund Highcross.

Discussions are advanced for pre-lets on the scheme which will be built in the Spring.

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