Harworth Group plc, a leading regenerator of land and property for development and investment, is pleased to announce that it has commenced construction of 332,000 sq ft of industrial and logistics space at Bardon Hill in Coalville, Leicestershire.
Located less than two miles from Junction 22 of the M1 and adjacent to Harworth’s South East Coalville development, the 54-acre Bardon Hill site was acquired by Harworth in May 2018. This scheme received outline planning consent from North West Leicestershire Council for an industrial & logistics development in July 2019, and approval of reserved matters was received in March 2020.
The planned development will comprise six units ranging from 28,000 sq ft to 116,000 sq ft, built to BREEAM Very Good standard and EPC rating ‘A’, which can be used for manufacturing and distribution uses. All units will have first floor offices, secure service yards and dedicated car parking spaces. Plans will also include the development of a 10-acre local wildlife centre and new great crested newt ponds, to enhance local biodiversity and provide amenity space for the local community.
Demand for the units is expected to be strong, given both the development’s proximity to an existing concentration of industrial and distribution units with very low vacancy rates, where occupiers include Amazon, Eddie Stobart and DHL, and the greater diversity of unit sizes and specifications the scheme provides, which will ensure suitability for a wide range of occupiers.
Construction is being undertaken by Winvic. The development is expected to reach practical completion within 12 months.
|Source : Harworth Group plc|