Industrial developer Tritax Symmetry, has secured detailed planning permission for two warehouses totalling 320,000 sq ft at the 111-acre Symmetry Park Rugby scheme in the Midlands, which it will develop speculatively.
The units measuring 186,000 sq ft and 134,000 sq ft will be built to net zero carbon in construction
Joseph Skinner, Associate Development Director at Tritax Symmetry, said: “Rugby is a highly desirable location for distribution and manufacturing companies and, with high quality stock at an all-time low the intention is to speculatively develop the two consented buildings alongside the site wide infrastructure. The upfront delivery of the site-wide strategic infrastructure also allows us to quickly respond to design and build requirements ranging in between 100,000 sq ft up to 1 million sq ft.”
The scheme has an outline planning permission to deliver up to 2 million sq ft of logistics floor space. Situated on the important M45/A45 strategic highway link, the site is located at the heart of the logistics ‘Golden Triangle’
The buildings will ready to occupy in 2022.
Colliers International, Avison Young and M1 Agency are joint agents.