Pictured above: Carl Durrant
With waste heralded as one of the new saviours of the big sheds,
Carl Durrant, King Sturge industrial agent is seeing more enquiries
than ever before from waste recycling occupiers.
"New European Landfill Directives are opening up the market as
local authorities are being pushed to increase their
recycling targets by 2010. Whilst incineration was previously
seen as the simplest option, alternative methods of disposal using
high tech and comparatively clean solutions from national and
international waste management companies is fuelling the need for
large sheds." Says Carl
SITA and Viridor are two of the largest players in the waste
management markets, with a number of new start ups also jumping on
the growing trend for turning muck into brass.
Typically waste operators are looking for facilities of 100, 000
sq ft plus and with new contracts to be gained with local councils
across the UK, the opportunities are many.
"Birmingham and the Black Country is an ideal outlet for waste
recycling companies." Says Carl. Being one of the UK's
largest urban conurbations the council has a huge commitment for
disposing of waste and if they don't meet their recycling targets
they could face fines of thousands of pounds. For many waste
operators, local authority service contracts provide the mainstay
of their business."
Carl sites Trinity Point, an 120, 000 sq ft shed on
junction 2 of the M5 as an ideal location for the expanding waste
management sector and has been pointing the increasing number of
enquiries in this area to the high bay distribution/warehouse
unit.
Located at the heart of the UK transport network, Trinity Point
offers opportunities to target Birmingham and the Black Country and
can provide a good central hub for waste management companies as
Carl adds "These companies need the road infrastructure to
accommodate the volume of vehicles required to move waste locally
and around the country and for that reason they also tend to be
away from residential areas."
Whilst the enquiries are flowing, planning permission can be the
biggest hold-up for expanding companies. Recycling counts as
B2 industrial use, but waste operators also need a special licence
from the Environment Agency, which can take anything from six to 18
months to secure.
"We expect it may take a while to bring to fruition some of
these enquiries," says Carl "Depending on the type of operation,
converting existing building can be prohibitively expensive if, for
example, they require specialist facilities such as those
composting organic matter which require under floor
ventilation.
"With a dormant speculative market, it is going to be waste
management companies that can get up and running with existing
sheds that will be most likely to make the agents come up smelling
of roses. It's a relatively young market though and if we
look at other European countries we're only just scratching the
surface of the sector's potential and there will be a steep
learning curve for landlords and agents."