Planning granted for £27m urban logistics scheme near Horsham
A former Sony logistics hub near Horsham in West Sussex is poised to become a 103,000 sq ft logistics scheme with a projected gross development value of around £27 million.
Chancerygate has been granted planning permission to speculatively build seven units ranging from 8,325 sq ft to 33,940 sq ft on the 4.59 acre site called Audio Park.
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The scheme sits on the Southwater Business Park close to the A24 between Crawley and Worthing providing excellent connectivity.
"There is strong demand for sustainable, Grade A urban logistics units in Horsham and the wider Sussex region," said Chancerygate development director Matthew Young.
"Audio Park will meet this demand and enable occupiers in the locality to access high-specification, strategically located industrial warehouse accommodation.
"Much of the existing urban logistics stock in mid-Sussex is second hand with low sustainability credentials and is only available on a leasehold basis. We have already seen strong interest in the scheme and anticipate this will only further grow now planning has been granted," he added.
Neighbouring occupiers to the scheme include British audio technology developers Bowers & Wilkins.
Within walking distance include retail convenience stores, a pharmacy and GP surgery.
The development is targeting a BREEAM accreditation of 'Very Good' and for all units to achieve an EPC B rating as a minimum.