Chancerygate sells 165,000 sq ft Buckinghamshire logistics site
Developer Chancerygate has sold Vantage 41, its 165,000 sq ft Grade A urban logistics scheme in Aston Clinton, to a private investor for an undisclosed sum.
Situated four miles east of Aylesbury, the development comprises 16 units ranging from 4,800 sq ft to 43,600 sq ft.
Vantage 41 is located directly off the A41, with road connectivity to junction 20 of the M25, and is 18 miles east of junction 8A of the M4.
Four units totalling 88,000 sq ft, which is over half of the available space at the development, were let by practical completion.
The scheme has achieved a BREEAM Very Good rating and all properties come with electric vehicle charging points.
Some units also include solar panels, while all units are constructed from high-performance building materials and 15 per cent roof lighting to reduce CO2 emissions.
Matthew Connor, senior development director at Chancerygate, said: “The sale of Vantage 41 is testament the development’s strategic location and high-quality, sustainable accommodation, which has proven attractive to both investors and occupiers.
“The deal is also the cumulation of our expertise and hard work to develop much needed, flexibly sized Grade A urban logistics units to satisfy the high demand for space across the Buckinghamshire region.”
Chancerygate currently has around 1.16 million sq ft of urban logistics space under construction or ready for development across ten sites from Edinburgh to Croydon.
