The commercial property consultancy Kirkby Diamond has announced that the 15-unit trade park in Milton Keynes is now fully let.
Instructed to market the unit in north Bletchley by the UK’s largest multi-unit industrial property development and asset management company Chancerygate, Kirkby Diamond announced that the multi-unit park’s last occupier was wireless and telecommunications consultancy Parker Beaumont.
Highlighting the let, Nick Bosworth, commercial agency surveyor at Kirkby Diamond said: “We are pleased that the units at Chancerygate have been let in such a timely manner. Chancerygate has built the right product for local occupiers, and this is reflected in the rapid take-up. Chancerygate identified demand for smaller, well-specified units that have captured the local occupier market.”
With the entire scheme totalling 135,000 sq ft across 43 units, phase two of Milton Keynes Trade Park comprises of new industrial and warehouse units ranging from 1,900 sq ft to 4,400 sq ft. Phase two has been fully let in less than 12 months since its completion.
Commenting on the development’s success, Chancerygate asset manager, George Jerram, said: “The local market for high-quality industrial and warehousing space is very buoyant. Having high-quality schemes like ours located in Milton Keynes is boosting the local economy, creating new business and employment opportunities and attracting further investment.”
Due to the development’s success, George added: “We are now actively seeking other strategically located sites in and around Buckinghamshire. With our excellent track record for building successful speculative industrial schemes, we are confident of bringing more development to the region in future.”