Chancerygate has secured planning consent to speculatively build 41,200 sq ft of Grade A urban logistics space in Chichester.
The £12m GDV Novio development will comprise four Grade A units ranging from 6,200 sq ft to 12,300 sq ft on a 1.9-acre site located off Terminus Road, approximately two miles south of Chichester town centre
The units will feature EV charging points, warehouse roof lights to increase natural lighting and solar cells providing up to 35% of the units’ energy needs. Chancerygate is targeting EPC A and BREEAM Very Good ratings for the development.
Jonathan Lee, development director at Chancerygate, said: “There is a high demand for high-quality, sustainable urban logistics units in Chichester, as well as across West Sussex and the South East. Our Novio development will satisfy this demand through supplying much-needed, Grade A accommodation to both the locality and the wider region. Our development will deliver an enduring economic asset for Chichester and ensure occupiers are best placed to grow their businesses by being based in an excellent strategic location.”
Carter Jonas and Vail Williams are the letting agents for Novio.
