Wednesday, November 27, 2024

Work completes on £23m urban logistics development in Wigston

Developer Chancerygate has achieved practical completion on a 128,000 sq ft Grade A urban logistics scheme in South Wigston, near Leicester, which has a gross development value in excess of £23m.

Known as Genesis Park, the development comprises 15 urban logistics units ranging from 4,800 sq ft to 18,570 sq ft which are available on a freehold or leasehold basis.

Located close to a Tesco superstore, Lidl and Wickes, the development is just over five miles south of Leicester city centre and is also well connected to the M1 and M69.

All units at Genesis Park feature electric vehicle charging points, secured cycle parking and 15 per cent roof lighting.

In addition, the units are constructed from high-performance building materials to reduce CO2 emissions. The scheme has a BREEAM rating of Very Good and the units have an EPC rating of B.

Chancerygate development director and head of its Birmingham office, Mark Garrity, said: “Genesis Park is a fantastic new addition to South Wigston’s well-established warehousing and logistics area.

“Our new development provides occupiers with much-needed sustainable, high specification urban logistics accommodation in a well-connected strategic location within the East Midlands.

“We have every confidence Genesis Park will be an enduring economic asset for the area, ensuring businesses are best placed to grow and deliver ongoing job creation.”

Agents for Genesis Park are Avison Young, Phillips Sutton and JLL.

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