£25m industrial scheme given go-ahead
Developer Chancerygate has been given the go-ahead to speculatively build 98,000 sq ft of trade counter, urban logistics and industrial space in Colwick, Nottingham.
Called Colwick Gateway, the £25m scheme will be on a 6.35-acre site in Colwick Industrial Estate and include 13 Grade A leasehold units ranging from 3,500 sq ft to 27,200 sq ft.
The site was formerly a major fuel distribution centre for Total Petroleum and has been unused for a number of years.
Chancerygate development manager, Mark Garrity, who is based in the company’s Birmingham office, said last September: “Our proposed plans at Colwick aim to satisfy the high demand for Grade A sustainable trade counter, urban logistics and industrial accommodation in the Nottingham area.
“The site is situated in a prime industrial area of Nottingham, meaning it is best placed to serve businesses operating within the city as well as across the wider East Midlands region.”
Agents for Colwick Gateway are FHP Property Consultants and Gerald Eve.