Commercial People has learned that the industrial and warehouse developer Tungsten Properties has started construction of its 18-unit industrial and trade counter site in Oakham, Rutland, Leicestershire.
The 3.79-acre site at Panniers Way in Oakham lies to the east of Leicester and was granted planning consent in May by Rutland County Council.
Tungsten Properties will provide 18 high specification industrial and trade counter units between 1,000 sq ft and 9,000 sq ft and include a small amount of retail and fast food uses.
As pictured above, the site sits within a wider master plan of development to include new residential development and commercial uses, including BP/M&S Petrol Filling Station, Aldi Supermarket, McDonald’s restaurant, and a Marstons’ pub.
The new units will be available from early Spring 2022, with construction being celebrated with a ground breaking ceremony with representatives of Wilten Construction, Tungsten Properties and Phillips Sutton.
Jenny Clarke, Associate Development Director at Tungsten Properties, said: “Oakham has a strong market with high demand, so we’re excited to get started to build these new high spec units for local and national businesses. Already, more than 60% of units are under offer to companies to let them, showing the strength of demand out there from businesses. We look forward to announcing the news as soon as we can.”