Chancerygate has obtained planning permission to speculatively build 82,400 sq ft of grade-A urban logistics space in Leatherhead, Surrey.
Called Victory Park, the development will comprise 13 leasehold units ranging from 3,000 to 19,000 sq ft. The projected gross development value is around £32m.
It is located on a 4.6-acre site off Cleeve Road on Leatherhead Business Park. Neighbouring occupiers include Unilever and engineering consultancies KBR and RINA Tech UK.
All properties at Victory Park will benefit from electric vehicle charging points and solar cells on their roofs, to provide up to 35% of the facilities’ energy needs.
The scheme will target an EPC A and BREEAM Very Good rating as a minimum. Works will begin after the site’s existing tenants vacate in mid-2025.
Chancerygate head of development Alastair King said: “The demand for sustainable, grade-A urban logistics space in Leatherhead remains high due to the locality’s strong business community, skilled workforce and proximity to key motorway links.
“Victory Park will meet this demand, delivering high-specification accommodation in a location which enable occupiers to be best placed to serve both the town and the South East.”
Chancerygate bought the site in 2022.
Image from Chancerygate
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