Indurent’s Stoke scheme fully let following 55,000 sq ft deal

By
Simon Creasey
Aerial view of a modern industrial building with a large goods yard to the side and car parking out front

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Indurent Park Stoke Central is fully let after online grocery retailer Ocado signed for a 55,000 sq ft unit on a 15-year lease.

The C55 unit, which incorporates rooftop solar PV and EV charging infrastructure, has achieved a BREEAM Excellent and EPC A rating.

The 530,000 sq ft industrial and logistics scheme, which is part of the 300-acre Festival Park development in Stoke-on-Trent, was delivered by Indurent in two phases between 2020 and 2023.

George Goldsmith, senior asset manager at Indurent, said: “Securing Ocado as the final tenant at Indurent Park Stoke Central is a significant milestone for the scheme and reflects the continued strength of demand for high quality industrial and logistics space in strategically located markets. Reaching full occupancy across the park demonstrates the appeal of modern, sustainable buildings with excellent connectivity and reinforces our commitment to delivering space that meets the evolving needs of our customers.”

Danny Kennedy, senior property strategy and development manager at Ocado Retail, added: “We are always looking for ways to support our growing customer base whether that is identifying new sites or maximising the capacity of our current infrastructure. Confirming the new spoke at Stoke is a great example of this, and it will enable us to deliver to even more customers. While work has only just started, we expect the site will be up and running later this year, creating hundreds of new jobs in the process.”

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