Buccleuch Property and Top Road acquired a c. 1.7-ha site at Old Tiffield Road, Towcester. The development will be known as TT Park and is prominently located at the A43/A5 junction to the north of the town, providing easy access to both the M1 and M40. Previously owned by Tesco, it has detailed planning consent for over 7,432m2 and is suitable for various industrial uses, including a trade counter, warehouse, strategic distribution, and a café pod.
The new build nature of the property, high-quality design, and BREEAM "Excellent" rating is likely to be attractive to both local and national occupiers, given the lack of purpose-built stock in recent years, coupled with the strong population and business growth in the Towcester area. Enabling works have already commenced on-site, and it is expected that the first units might be ready for occupation in the latter half of 2025.
Neil Finnie, Development Director at Buccleuch Property said: “The development will help to address an acute shortage of modern energy-efficient industrial accommodation in the area. By working with local partners to identify strategic development sites, we are able to use our strong company balance sheet and development expertise to deliver the right product into a market with constrained supply.”
Angus Wade, Investment Director from Top Road said, “We are delighted to be working with Buccleuch Property on the delivery of TT Park. Delivering institutional quality commercial developments in this region is what Top Road is focussed on. Having secured detailed planning we look forward to working with the team to create a high-quality environment for the occupiers and a valuable investment for Buccleuch Property.”
DTRE and Berrys Commercial are joint agents on the development.
Image provided by Top Road Group.
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