Midlands-based Trebor Developments/Maple Grove Developments Joint Venture have completed the purchase of a 5.3 acre site from Legal and General and will now construct 3 speculative industrial units, ranging from 10,000 sq ft to 50,000 sq ft on a Brownfield site in Deeside, North Wales.
The development has been branded as Boundary Park and will commence on site in March 2019, following the granting of detailed planning approval in January. The high quality industrial units will be available on a leasehold or freehold basis.
The scheme benefits from grant aid, via the Welsh Government.
Bob Tattrie, Managing Partner of Trebor Developments, on behalf of the JV, commented:
We are now good to start construction, following the site acquisition and look forward to delivering these range of 3 mid-size quality, industrial, units this year, meeting local demand for new facilities that are not generally available in the area. We expect strong interest from occupiers looking for competitively priced, quality, industrial accommodation on a freehold or leasehold basis.
Trebor/Maple Grove are represented by Legat Owen and Cushman and Wakefield. The vendor, Legal and General, were represented by JLL.
The site was bought for an undisclosed sum.