Chancerygate has secured planning permission to speculatively build 82,400 sq ft of Grade A urban logistics space in Leatherhead.
The circa £32m GDV Victory Park development will comprise 13 leasehold units ranging from 3,000 sq ft to 19,000 sq ft. The scheme will be built on a 4.6-acre site off Cleeve Road in Leatherhead Business Park, approximately one mile east of junction nine of the M25
All properties at Victory Park will benefit from electric vehicle charging points and solar cells on their roofs, which will provide up to 35% of the energy needs of the units. Chancerygate is targeting a minimum EPC A and BREEAM Very Good rating for the development.
Alastair King, head of development at Chancerygate, said: “The demand for sustainable, Grade A urban logistics space in Leatherhead remains high due to the locality’s strong business community, skilled workforce and proximity to key motorway links.
“Victory Park will meet this demand, delivering high-specification accommodation in a location which enable occupiers to be best placed to serve both the town and the South East. Once the existing tenants on the site vacate in mid-2025, we look forward to commencing the development and providing this exciting market with new units. These will support future tenants’ aspirations and contribute to the wider growth of the local economy.”
