Leading Midlands based commercial developer Trebor Developments and Seddon Developments have formed a joint venture to develop further industrial units in Staffordshire on a new industrial site extending to 11.7 acres, known as Prime Point 14, located within 1 mile of Junction 14, M6, Staffordshire.
Infrastructure works have started to prepare the site to deliver two industrial units, comprising 66,000 sq. ft. and 78,000 sq. ft. Seddon Construction have been appointed as contractor for the infrastructure works, which is expected to take 5 months to complete and provide a fully serviced site capable of accommodating the two industrial facilities on a fast track basis.
The two units will be capable of providing accommodation in early 2019, suitable for manufacturing or logistics/distribution uses.
Bob Tattrie, Managing Partner of Trebor Developments, on behalf of Trebor/Seddon commented: “The shortage of quality, industrial and logistics accommodation across the West Midlands and Staffordshire area has provided us with the confidence to award the full infrastructure contract for this site. With detailed planning now in place to deliver the two units, following completion of the enabling works we will be able to deliver units to meet occupiers’ demands within 6 months.
The Prime Point 14 development will have an overall end value in excess of £13 million and provide many new jobs in the Staffordshire area”.
The development partners have appointed the Birmingham office of Savills (Ranjit Gill and Katie Aitchison) and Bromwich Hardy (Andrew Cosnett) as joint marketing agents.