Industrial developer and asset manager Chancerygate has appointed construction contractor MCS Group to deliver a multi-million-pound speculative development of 10 warehouse units and trade counters in Buckinghamshire.
Demolition of existing buildings on the brownfield site in High Wycombe has been completed and construction has recently begun.
Called 40:40 Link, the development comprises three steel framed buildings which will be sub-divided to create 10 units totalling around 91,200 sq ft and ranging in size from 4,112 sq ft to 30,193 sq ft. The project is expected to reach practical completion in early 2020.
Matthew Storr, project manager at Chancerygate, said: “We have already received significant interest in and around High Wycombe and now construction has begun we look forward to further enquiries. We often secure pre-lets and sales on developments such as 40:40 Link, because we offer occupiers high-quality accommodation in a excellent and underserved locations.”
The scheme will ensure a decrease in CO2 emissions over 2010 Buildings Regulations. The green initiatives include electric car charging points, low air permeability design, 15 per cent warehouse roof lights which increases natural lighting, high performance insulated cladding and roof materials, secure cycle parking and photovoltaic cells.
Letting agents are Chandler Garvy and JLL.