Commercial People has today learned that the UK’s largest industrial developer and asset manager Chancerygate has appointed construction contractor MCS Group to deliver a multi-million-pound speculative development in High Wycombe, Buckinmngahmashire.
Named 40:40 Link, the ten warehouse unit and trade counter development comprises of three steel-framed buildings, which we are told will be sub-divided to create ten units totalling 91,200 sq ft and ranging in size from 4,112 sq ft to 30,193 sq ft.
Keir Edmonds, managing director of the Warwickshire-based main contractor, said: “Chancerygate is recognised as one of the UK’s leading industrial developers and we are delighted to be working alongside them once again to deliver a first-class development of warehouse units and trade counters.
“With the demolition of the existing buildings on the site now complete, we are looking forward to starting construction shortly and reaching practical completion in Q1 next year.”
40:40 Link can be accessed from Mill End Road and Chapel Lane, and is located just two miles from High Wycombe town centre.
Commercial People have also learned that an existing waterway which currently runs through the site and into a stream of the River Wye, will be naturalised to create habitat for local wildlife.
Along with the waterway naturalisation, the scheme will also aim to ensure a decrease in CO2 emissions by implementing several green initiatives included electric car charging points, high performance insulated cladding and roof materials as well as promoting cycling amongst tenants with a secure cycle parking area.
Chancerygate Head of Development, Alastair King, said: “We have already received significant interest in and around High Wycombe and now construction has begun we look forward to further enquiries. We often secure pre-lets and sales on developments such as 40:40 Link, because we offer occupiers high-quality accommodation in an excellent and underserved location.”