Background
Former Newsquest offices and printworks, where Salmon have agreed to purchase on a subject to planning basis.
We have completed full pre-purchase due dilligence and have been granted planning for a 150,000sq. ft, 3 unit industrial and logistics scheme.
The site will be built to BREEAM excellent.
Project Facts
- Site Purchase Cost : circa £8m
- Project GDV : £35m
- Completion : Q1 2024
- Construction commenced: Q1 2023
- 11m eaves height
- Forward funded by Royal London Mutual Insurance Society Ltd.
CGI
Plan of planning approved scheme
The planning approved scheme consists of 3 units, totalling 150,000 sq ft:
- Unit 1 – 51,002 sq.ft GIA
- Unit 2 – 41,404 sq.ft GIA
- Unit 3 – 60,708 sq.ft GIA
Construction Progress Picture (23 May 2023)
Location
Established & easily accessible Industrial Area with excellent connections to major motorways:
- Adjacent to M271
- M27 (J3): 4 mins
- M27 / M3 Interchange: 10 mins
