PRIME POINT 14 PLANNING GRANTED

Trebor Developments and Seddon Developments’ joint venture to develop further industrial units in Staffordshire has been granted detailed planning approval consent.

The scheme will deliver 2 large quality units, capable of production (B2) or distribution use (B8), being 66,000 and 78,000 sq ft.

Work on site will commence in Spring 2017, allowing for buildings to be occupied by the end of next year.  The speculative development is being undertaken to deliver much needed quality industrial accommodation in the Staffordshire area.

The consent was granted on the same day as Trebor’s adjacent speculative industrial development achieved practical completion, Triton at Redhill Business Park, providing 115,000 sq ft of quality accommodation for immediate occupation and in which strong interest has already been shown.

Bob Tattrie, Managing Partner of Trebor Developments, on behalf of Trebor/Seddon commented: “The granting of planning is the next milestone to us developing this key site, located a short distance from Junction 14 of the M6.  The size of units proposed meets a gap in the Midlands/Staffordshire market for quality industrial accommodation of this type.  It is now full steam ahead to deliver in 2017”.

The development partners have appointed BNP Paribas and Savills as joint marketing agents.