Mega shed for Nottingham scheme

By Liza Helps Property Editor Logistics Matters

DEVELOPER AND investors Peveril Securities and Sladen Estates have submitted proposals for the second phase of their Summit Park Mansfield scheme located on the A617 between Ashfield and Mansfield that will include a warehouses of 525,000 ft2 and a smaller unit of 172,000 ft2.

The £75 million development will see the two properties built to target BREEAM Excellent and EPC A ratings. The larger unit known as Building 2 will consist of a facility with 500,000 ft2 warehouse space, 23,000 ft2 of office space a 2,000 ft2 dock office. It will have 20m eaves and as well as 50 dock and eight level access doors. It is expected the whole scheme will provide up to 950 jobs.

Sladen Estates development director Matt Sladen said: “Summit Park was a hugely significant development for the area and we are very pleased to be bringing forward this second phase. Between the two units, it will create nearly 700,000 sq ft of additional distribution space following on from the success of the first phase in this key area for the logistics sector.”

Peveril Securities managing director Ralph Jones added: “Following the success of Summit Park – which delivered some 1,750,000 sq ft of distribution space for Amazon – we have now submitted applications for this important second phase of development on this site.

“With its links into the motorway network via the nearby M1 junction, the site is a prime location for the logistics sector, and these submitted proposals for two additional warehouses are a significant step forward for the development.”