Green light for flooring giant’s 180,000 sq ft unit
One of the UK’s largest flooring manufacturers and distributors has secured permission for a bespoke unit at Worcester Six Business Park.
Victoria, based in Kidderminster, will take hold of a 180,121 sq ft unit on a 15-year lease, approved by Wychavon District Council.
Developer Stoford submitted the plans for Unit 7 which will house Alliance Flooring Distribution, one of Victoria’s businesses.
Philippe Hamers, CEO for Victoria PLC, said: “It’s great news that planning approval has been granted. It means we are one step closer to enjoying an exciting new chapter that will enable us to both future-proof and grow our distribution business.
“We’re looking forward to working with Stoford as our bespoke, environmentally friendly unit is built at Worcester Six.”
The base build of the unit will be net carbon zero in operation. The building will feature solar panels on the roof and there will be extensive electric vehicle charging points.
Two new ponds will be created to further improve the green infrastructure on the business park.
Edward Peel, development manager at Stoford, said it had secured £28.3 million forward funding for the scheme from Frasers Logistics and Commercial Trust (FLCT), a Singapore-based REIT (real estate investment trust).
Stoford aims to start building work in the new year, with an expected completion date of Q4 2022.
Peel said: “This is a thriving business park that is playing a significant role in helping to boost the local economy, thanks to the jobs the businesses are creating, and Victoria PLC will be no exception as it forges ahead with its growth plans.
“We’re looking forward to getting started on delivering the scheme for this historic, local company.”
Worcester Six has welcomed a number of national and global names to the business park in the past three years, including Zwick Roell, Marmon Food and Beverage Equipment, Siemens, Spire Healthcare, Kimal, Kohler Mira and IONOS.
Victoria PLC was advised by Brasier Freeth and Stoford by BNP Paribas and Harris Lamb.
