Leading commercial property developer Barberry Developments has gained planning consent to deliver a 55,575 sq ft speculatively built industrial/warehouse unit in Wolverhampton.
The proposed £6 million development is on a circa 3.5-acre site acquired by Barberry from ASSAABLOY, a major employer in the city, for an undisclosed sum.
The development will be a highly specified Grade A building with 10-metre eaves, 2,965 sq ft of internal offices, 45 car parking spaces and 50-metre yard depths, with dock and level access loading provision.
Barberry Developments’ planning application was approved unanimously by the City of Wolverhampton Council’s planning committee. Construction could begin in Q2 2019 with practical completion in Q4 2019
The scheme, at Well Lane, demonstrates Barberry Developments’ continued investment in the region. It will create significant job opportunities and help to address the shortage of new industrial accommodation in the West Midlands.
Jon Robinson, development director at West Midlands-based Barberry Developments, said: “We are excited about creating a new, high quality industrial and logistics development in Wolverhampton.
“We have seen significant occupier demand for new industrial/warehouse units of this size and specification, which has led us to pursue this planning application.
“Our Well Lane scheme complements other projects we have delivered within the region where we have created best in class, Grade A buildings. Our investment within Wolverhampton will generate around 120 jobs, making a significant contribution to the local economy.”
Adrian Hickman, of ASSAABLOY, said: “It’s exciting to see Barberry Developments make progress with the planning application and we look forward to seeing a high specification, Grade A, industrial unit delivered at what is a prime logistics location.”
The site is situated in a prime location just four miles from J10 of the M6 via the A454, within 3.4 miles from J1 of the M54. It also benefits from its close proximity to links to the M6 Toll, M5, and M42. It is adjacent to the Sainsbury’s supermarket in Wednesfield Way, with Bentley Bridge Retail Park nearby hosting a number of market leading shops and restaurants.
Other major occupiers nearby include Yodel, Euro Car Parts, Travis Perkins, Mercedes, Tool Station and Tata Steel. Jaguar Land Rover has an engine factory within five miles at i54.
Barberry has circa 880,000 sq ft of development pipeline in 2018/19, and is working on circa 1,000 acres of strategic land in the UK. For all enquiries please contact Barberry 55’s retained agents JLL and GVA/Avison Young.