SEGRO, Europe’s largest listed owner, asset manager and developer of industrial property, has delivered 132,055 sq ft of speculative industrial development on the Slough Trading Estate in the form of four buildings, all built under the Estate’s simplified planning zone.
Two schemes have been completed. Firstly a single unit of 60,500 sq ft at 12 Liverpool Road, which benefits from a clear height to the eaves of 10m and secured 50m yard. In addition a three-unit scheme, comprising units of 42,346 sq ft, 15,695 sq ft and 13,544 sq ft situated along Buckingham Avenue has been completed. All three units benefit from self-contained secure yards. 776 Buckingham Avenue comprising 15,695 sq ft has been let during construction to Pantos Logistics, Korea’s largest logistics company.
Gareth Osborn, business unit director, Thames Valley & National Logistics, said: “With the high occupancy levels of industrial buildings in the Thames Valley, we are confident that this attractive, speculative industrial development offers modern business space and will be in high demand.
“The Slough Trading Estate is home to some of the world’s most renowned brands and we believe the new buildings are in the right location for companies looking for the ideal place to grow their business.”
The Slough Trading Estate is a popular location for businesses in the Thames Valley, delivering high-quality and flexible business accommodation across the office, warehouse, light industrial, distribution and data centre sectors. The latest scheme forms part of the ongoing redevelopment of the Trading Estate to ensure it continues to remain a world-class destination for business.
There is a large, skilled workforce within the catchment area and this is set to expand following planned transport improvements including Crossrail and the Western Rail Access to Heathrow (WRAtH). The Buckingham Avenue development is located 0.3 miles from Burnham Railway Station which will become a Crossrail station in 2019.
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