Mid box scheme for Buckinghamshire
Firethorn has acquired a 17-acre site near Aylesbury in Buckinghamshire from house builder Taylor Wimpey, to deliver a new mid-box logistics development.
By Liza Helps, Property Editor, Logistics Matters
THE SCHEME forms the employment element of Taylor Wimpey’s residential-led development at Hampden Fields, and has outline planning consent for up to 314,000 ft2 of employment use.
Firethorn plans to invest £50m in the development which it will bring forewar speculatively with construction to start in mid-2027.
The deal follows its recent purchase of a 10-acre site in Maidenhead, and the compnay said it had further transactions under offer.
Firethorn Head of Industrial and Logistics James Sanders, said: “The development presents an compelling opportunity for occupiers, who continue to be displaced by affordability constraints of nearby markets. With excellent connectivity and Grade A product, we expect the project will allow us to address a gap for future customers and look forward to moving into the delivery phase.
Firethorn was advised by Cushman & Wakefield, Taylor Wimpey was advised by Kirkby Diamond (now Eddisons).
