Chancerygate secures two pre-lets

Leading industrial developer and asset manager, Chancerygate has secured significant pre-lets at its developments in Harlow and Bedford.

At East Place in Harlow, Chancerygate will be developing a trade park/industrial scheme in seven units, totalling 97,000 sq ft. Travis Perkins has committed to a new 10,779 sq ft facility subject to a 15-year lease with a break at year 10. There is a high level of interest in the remaining units. The site is on the East Road in the heart of the Templefields Industrial area, close to Edinburgh Way (A414) that links to the M11 for London, Stansted Airport and Cambridge.

Cardington Point in Bedford is a speculatively developed stand-alone 36,600 sq ft high-quality logistics/industrial unit with 3,900 sq ft of offices at first floor level. IT Efficient, an IT disposal services provider has agreed to let the unit at a rent of £7.50 per sq ft, committing to a 10-year lease. The development will be completed later this month. The warehouse is located approximately two miles from the centre of Bedford, benefitting from excellent access to the A421.

George Dickens, Development Manager at Chancerygate commented: “We are delighted to welcome both IT Efficient and Travis Perkins to these strategically located schemes. The lettings illustrate the strength of occupier demand for high quality buildings and we anticipate announcing further lettings at East Place, Harlow in the near future”.

Brown & Lee acted on behalf of Chancerygate at Cardington Point in Bedford and at East Place in Harlow the developer was represented by Derick Wade Waters and BNP Paribas.

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