National property and construction consultancy Wakemans has signed off on the first phase of construction at Tunstall Arrow, a new £11million speculative industrial development on the outskirts of Stoke-on-Trent.
Wakemans acted as employer’s agent, quantity surveyor and building surveyor (quality inspection) on behalf of developer Network Space, which is a new client for the firm.
Dean Watson, Managing Director at Wakemans, said: “Network Space is committed to meeting growing demand from industrial and logistics businesses across the Midlands.
“We’re delighted to be helping the company progress its plans for this prime site, which is one of six that make up the Ceramic Valley Enterprise Zone and offers key business rates savings to occupiers.”
Specialising in small to medium-sized industrial schemes, Network Space currently has more than 2.5million sq. ft. of new commercial property in the pipeline, valued at in excess of £200million. It is delivering the Tunstall Arrow scheme in partnership with Stoke-on-Trent City Council, Make it Stoke and the Ceramic Valley Enterprise Zone.
The site was acquired in 2013 and construction will be carried out in three stages. Phase 1, Tunstall Arrow South, built by Caddick Construction is now complete and provides a total of 130,000 sq. ft. of B1/B2/B8 space across five units. Ranging in size from 10,208 sq. ft. to 43,500 sq. ft., the high specification detached industrial units incorporate offices and enjoy self-contained loading yards and dedicated parking set within a business park environment. All are fully let to Q-Railing, Boels Rental, DHL Express, Pramac-Generac UK and SG Fleet Group.
Simon Peters, Development Director at Network Space, commented: “Wakemans has contributed greatly to this very successful development on a difficult site. We really appreciate their highly experienced project management and professional services.
“We are delighted to have all five units let, only five months after completion, and have received numerous compliments on the quality of the finished product.”
Phase 2 of the development, Tunstall Arrow North, is an 8-acre plot where Network Space is planning a similar speculative industrial scheme. Units will range in size from 10,000 sq. ft. to 30,000 sq. ft. and construction is expected to get underway later this year.
The third and final phase of the development, Tunstall Arrow West, is a 2-acre plot currently on offer to roadside retail occupiers.
A former colliery, the 28-acre Tunstall Arrow site adjoins the A527 (James Brindley Way) in Tunstall. It is also close to the A500, providing easy access to Junction 16 of the M6 motorway.