Marlow, Globe Business Park

Fieldhouse Lane, Marlow, Buckinghamshire SL7 1LS, UK

Overview

A speculative development of two units totalling 47,211 sq ft developed on 1.75-acres of previously highly contaminated land. With both units pre-let to green technology and manufacturing business, Arrival (listed on NASDAQ) at market leading terms.

The site brought with it various challenges:
- Contaminated site over chalk aquifer.
- Demolition of prior buildings
- Ecological impacts and removal of contaminants required EA approval
- Sensitive neighbouring uses (Data Centre) and Vendor remaining in occupation of an office building accessed through the scheme itself.
- Covid-19 pandemic

This scheme repurposed a formerly contaminated site in the affluent town to create a modern industrial warehouse scheme in a location that had not seen new units delivered in over 20 years. The site achieved an end value of £10.8 million / representing a 43.5% Profit on Cost / 33.2% IRR for the developer.

Site Layout Plan

Specification

Total size
47,211 sq ft

Units
2

Development value
£10,800,000

Building Specification

9m clear internal height
First floor for storage or sitting out as office space
37.5kN sq m floor loading
2 electric loading doors per unit
Ability to combine units
Passenger lift
Private gated yard for unit 2
12 year collateral warranty available

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