Development

In partnership with Wrenbridge Land, Buccleuch Property unconditionally purchased 1.9 acres of land at the Bridge, Dartford. Following the grant of planning consent, a speculative development totalling 41,500 sq ft of Grade A industrial space commenced and during the build period the project was let in its entirety to Network Rail on a 10 year lease.

The building was forward sold to Abrdn with the whole development from planning submission to completion and subsequent sale being achieved within 17 months of the initial site acquisition. The development won the Industrial Agents’ Society Best Development under 75,000 sq ft award in 2019.

Kettering Business Park was identified by the Salvation Army Trading Company (SATCOL) as the preferred location for their new distribution and sorting centre. The project was time critical due to the lead in time for the mechanised fit out that SATCOL required to install. Despite construction commencing in Q4 2019, shortly before the start of the pandemic, the excellent working relationship established between developer, tenant and contractor ensured the building was completed in line with its original target date.

As part of the base build a substantial element of tenant fit out was also included which helped to streamline the operating timeframe for the building going live. The development was forward sold to CBRE Global Investors and subsequently nominated for the Industrial Agents’ Society “Best Development under 75,000 sq ft” at the 2020 awards.

In conjunction with Secklow Asset Management, Buccleuch Property unconditionally purchased 1.6 acres of land at Wolverton, Milton Keynes. The site came with the benefit of a detailed planning consent and following completion of the land purchase, construction work commenced immediately – which was the first speculative warehouse development of its kind in Milton Keynes in over ten years.

On completion, the property was let to Funrise International – a global innovator in the design, manufacturing and distribution of toys worldwide – and subsequently sold to the City of Norwich Council.

In conjunction with Wrenbridge Land, Buccleuch Property have unconditionally acquired this prominent Oxford site in an established commercial location in the Cowley area of the City. The former gas holder, owned by Southern Gas Networks, has now been decommisioned and removed.

Parkway Construction have been appointed and are onsite delivering a 43k sq ft Hi Tech/R&D led building with a major emphasis on sustainability and meeting the highest environmental accreditations together with future occupational flexibility. Practical Completion is scheduled for January 2024. The scheme is being forward funded by IM Properties.