The UK’s largest multi-unit industrial developer and asset manager, Chancerygate, has been granted planning permission to build a new 12-unit business park in Chertsey, Surrey.
Totalling 62,324 sq ft, ‘Chertsey Business Park’ will be located within the town’s Hamworth Lane Industrial Estate, half a mile from the local railway station which allows travel to London Waterloo in less than an hour.
Chancerygate development manager, Matthew Young, said: “Chertsey Business Park is located in the town’s most central industrial area. It is exactly the type of strategic regional location that we seek to develop to meet an area’s business needs.
“Runnymede Borough Council understands the benefits that developing a site of this size brings in terms of both new business and jobs, so we are very pleased that the planning committee has given us the go-ahead.”
Chancerygate purchased the 2.1-acre site last August and construction are expected to start towards the end of the year – first units will be ready for occupation by the end of 2020.
The development features units ranging from 3,660 sq ft up to 7,244 sq ft, with scope to create a combined unit up to 45,586 sq ft.
Founded in 1995, Chancerygate has offices in London, Warrington, Birmingham and Milton Keynes, and remains the only multi-unit industrial developer in the UK that operates nationwide. Currently, Chancerygate’s asset management team manages £220m of assets across 4.9 million sq ft of commercial space.