Expert developer and regeneration specialist, St. Modwen, has received planning permission to complete the final phase of development at its Albion Gateway site in Burton-upon-Trent.
East Staffordshire Borough Council has granted consent to the 87,600 sq ft scheme, which will comprise a number of industrial and trade units ranging from 2,500 sq ft up to 5,775 sq ft, with the option to combine units for larger companies seeking up to 20,000 sq ft of space. The previous phase of more than 50,000 sqft was developed in 2016 and all the units were either sold or leased shortly after completion, with occupiers including Tool Station, Eurocell and A-Plant.
13,000 sq ft of the newly consented space has already been pre-let to MKM Building Supplies and 9,000 sq ft has been pre-sold to Burton-based Door and Joinery Solutions, signalling a healthy interest in the site well ahead of the start of construction.
Work on the final phase will begin in July, with the units expected to be completed in early 2019.
Rob Richardson, Senior Development Manager at St. Modwen, said: “We are pleased to have now secured consent for our final phase of development at Albion Gateway, which is the last piece of the jigsaw in the regeneration of part of the wider Pirelli site.
“The great success of our initial phase of units proves there is a clear need for this size of versatile space in Burton. To have secured the commitment of two well established trade occupiers prior to construction starting is testament to this.”
Paul Rushton, Director at agents for the site, Rushton Hickman Limited, added: “Albion Gateway is a highly sought-after development, with excellent transport links and versatile space to suit a range of industrial and trade businesses.
“The previous phase of the development sold and let very quickly and I envisage a good level of demand for the final phase of 87,600 sq ft. We are already having detailed discussions with a number of potential occupiers and hope to have secured occupiers for the majority of the scheme before completion early next year.”
Albion Gateway is a landmark trade counter and warehouse scheme encompassing more than 130,000 sqft on the 10 acre site.
For further information on the retail space at Albion Gateway please contact Paul Rushton at Rushton Hickman Limited on 01283 528 002.
For more information visit: www.stmodwen.co.uk.