Aviva Investors completes letting of 133,000 sq ft logistics unit at Swan Valley, Northampton

Aviva Investors, the global asset management business of Aviva plc, has announced it has completed the letting of a 133,000 sq ft unit at Swan Valley Industrial Park, Northampton, to WT Transport Limited, a haulage company providing warehouse and transport solutions.

The unit, known as Rothbart133, was speculatively developed by Aviva Investors and reached Practical Completion in July 2022. WT transport has signed a 10-year lease at the facility.

It has been developed with sustainability and scalability front-and-centre of its design, in keeping with Aviva Investors’ programme of decarbonisation across its Real Assets portfolio and commitment to reaching net zero by 2040. Alongside the inclusion of additional steels to house photovoltaic solar panels across the entire roof area, the property also has a BREEAM sustainability rating of ‘Excellent’ and an EPC rating of ‘A’, alongside EV charging points. The unit benefits from 14-metre haunch height, 50-metre yard depth, as well as 12 dock doors, two level-access doors and parking for up to 43 HGVs, whilst there is scope to adapt the site for gable loading in the future. Inside, Aviva Investors has fully-equipped the unit with all white goods and amenities, including staff shower facilities.

It is one of a number that Aviva Investors has invested into at Swan Valley, and follows the recent development of Odette58, which was let to Fisher & Paykel in 2021 also on a ten-year lease.

The letting agents were Avison Young and Burbage Realty, with Chadwick McRae acting for WT Transport.

James Stevens, Head of Real Estate Investment at Aviva Investors, said:

“We are pleased to have gained a high-quality tenant for this unit in the form of WT Transport so soon after completing speculative development of the unit. This is a welcome validation of our ability to develop and supply high-quality facilities which have occupiers’ needs front-of-mind whilst also being sustainable and more in keeping with a low carbon future.”