560,000 sq ft logistics scheme delivered in Coventry
Three speculative logistics units have been completed in the second phase of the 52-acre Ansty Park development.
Apollo 4, 6 and 7 deliver a combined 560,000 sq ft of sustainable warehouse space in Coventry, with each unit ranging in size from 117,000 sq ft to 269,000 sq ft.
The fourth and final unit of the scheme Apollo 5 will be the largest of the new units at 301,000 sq ft and is expected to be available from April 2024. The scheme adds to more than 240,000 sq ft of accommodation that was developed during the first phase.
Occupiers will join existing tenants at the park including Rolls-Royce, Sainsbury’s, Cadent Gas and aerospace giant, Meggitt.
With BREEAM ‘Excellent’ and EPC A ratings, Apollo has roof-mounted PV arrays and EV charging points as part of the base build.
John Vincent, head of asset management, UK at Cromwell Property Group, asset manager for the scheme said: “The Apollo units at Ansty Business Park offer occupiers looking for the highest quality space in a prime location the best solution available in the current market. The flight to quality will lead logistics operators and high-value manufacturers straight to our client’s scheme.
“The combination of very strong connectivity, sustainability credentials, best-in-class design and proximity to a substantial, skilled labour pool will help us deliver an outstanding investment performance at this location.”
David Binks, international partner, National Logistics & Industrial Agency (Midlands) at Cushman & Wakefield, said: “It’s great to see Apollo 4, 6 and 7 reach practical completion and to show the quality of the development to occupiers and agents alike.
“As well as being a sustainable and wellbeing-focused scheme, the location of Apollo is unparalleled. Currently, Apollo, Ansty Park is the only newly built manufacturing and logistics scheme in Coventry adjoining an M6 motorway junction, with immediate availability.”
Richard James-Moore, Director at JLL, said: “High quality, sustainable logistics buildings are like gold dust in and around Coventry. These new spaces at Ansty Park tick the boxes for sustainability and quality, as well as connectivity given the proximity to J2 M6 and M69.”