Chancerygate has achieved practical completion on its €38m (£32m), 120,000ft² urban logistics scheme on Edgington Way in Sidcup. Called Sidcup Logistics Park, the development comprises 13 high specification Grade A units. Chancerygate forward sold 12 of the properties totalling 113,800ft², which represents 95% of the available space at the development, ahead of practical completion. The final 6,200ft² unit is currently under offer. All properties at Sidcup Logistics Park benefit from electric vehicle charging points and solar cells on their roofs which provide up to 35%t of the units’ energy needs. In addition, the units are constructed from high-performance building materials to reduce CO2 emissions. The development is located less than two miles from Sidcup town centre and provides easy access to the A20, M25 and central London.
Chancerygate development director, Jonathan Lee, said: “There continues to be significant demand within Kent for sustainable Grade A urban logistics space in strategic, highly accessible locations. The rate of forward sales at Sidcup Logistics Park is proof of this and our development will provide the platform for further investment and job creation within Sidcup and beyond.”