Chancerygate has submitted plans to speculatively develop sites in Aston Clinton, Buckinghamshire, and Brackley, South Northants, delivering 219,765ft² of light industrial and warehousing space with a combined gross development value of €43.6m (£37m). The developer intends to deliver 15 Grade A units ranging from 4,758ft² to 43,357ft² on an 8.9-acre site in Aston Clinton. The proposed Vantage 41 scheme will have a gross development value of €31.8 (£27m) and total of 164,765ft² of space. The site is located close to the Mercedes-Benz and Jaguar dealerships on the Aston 41 scheme and provides quick access to the A41 and Junction 20 on the M25.
In Brackley, Chancerygate plans to speculatively build Grade A units ranging from 2,050ft² to 19,125ft², delivering an €11.8m (£10m), 55,000ft² scheme called Boundary43. The development will be located on a two-and-a-half-acre site within Boundary Road Industrial Estate, close to the A43, M40 and M1. All units across both sites will be available on a freehold or leasehold basis, meeting local demand for new high-quality industrial space in both locations.
Alastair King, head of development at Chancerygate, said: “Vantage 41 and Boundary 43 will provide an excellent opportunity for local businesses in each area to acquire Grade A industrial and warehousing space at a time when supply is very low. The Aston Clinton development will provide more affordable space for businesses in the west and north-west London that are looking to relocate, expand or even consolidate. In Brackley, we’re confident that Boundary43’s close proximity to Silverstone will appeal to motorsport and high-tech industries. Most importantly, both developments will offer Grade A units on a freehold basis in locations at a time when the cost of borrowing is historically low. We’re looking forward to working with the respective planning authorities in bringing forward these two exciting schemes.”
