Signet 40 Takes Off in Buckinghamshire
A planning application has been submitted to develop a new £7.5 million manufacturing and distribution facility on an established industrial park in Buckingham. Midlands-based developer the Deeley Group has put forward the application to Aylesbury Vale District Council to create the new 40,000 sq ft unit at Buckingham Industrial Estate, which is forecasted to create 50 new jobs. If the application is successful, the developer is expecting to be on-site by winter 2022, with completion of the new industrial unit targeted for autumn 2023.
Deeley Group is currently seeking a tenant or occupier for the manufacturing and distribution facility. The business, which is headquartered in Coventry, has experience of providing manufacturing facilities in Buckinghamshire after developing the Swan Business Centre, Angelvale Business Park and constructing 70,000 sq ft of industrial units at Kites Park in Princes Risborough.
Andrew Brazier, development consultant at the Deeley Group, said: “This scheme will create a vital new employment opportunity for the manufacturing and logistics industry in Buckinghamshire. There is a growing need in the region for industrial units of this type. The development is perfectly positioned on an established, thriving industrial park which benefits from excellent transport links to the A421 and nearby motorways. We hope, depending on planning consent, to have the unit completed by autumn 2023 and will be seeking a tenant or occupier for the facility in the coming months.”
Chris White MD of White Commercial Surveyors comments: “This scheme provides a quality building in its own self-contained site, to be developed by Deeley Properties, between the M1 and M40, in an area with significant shortages of quality industrial and warehousing accommodation. We are already receiving a good level of interest for the building. The availability of the unit ‘for sale’ is also attracting many companies unable to locate buildings they can own and occupy”.
Ziran Land is a joint venture partner on the development with the Deeley Group. Chris White, Chartered Surveyor and Managing Director of White Commercial, introduced the opportunity to Ziran Land and Deeley Group and is the developer’s retained agent on the scheme.