Poyle projects heading for take-off

Chancerygate’s two new developments at Poyle near Heathrow Airport are underway with site clearances paving the way for construction.

Poyle Central – a prime 43,500 sq.ft. single-storey warehouse and headquarters facility – has been forward funded by Lothbury Investment Management, on behalf of Lothbury Property Trust, and is adjacent to the Fund’s existing ownerships of the Colndale Industrial Estate and Unit 5, Arkwright Road.

The other development is The Space Centre – a 27,000 sq. ft. self-contained warehouse at Prescott Road which is being developed on Chancerygate’s own balance sheet.

Both projects have been awarded to Howard Russell Construction with completion due summer 2016.

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