Chancerygate has successfully sold all 13 Grade A units at its £32m, 120,000 sq ft Sidcup Logistics Park.
Located on Edgington Way, the final 4,400 sq ft unit at the urban logistics scheme has been sold by the developer to a private investor.
Chancerygate achieved practical completion of Sidcup Logistics Park in August this year, with 95 per cent of space forward sold. Occupiers at the development include food wholesaler Gaya Foods and bubble tea operator Mooboo.
The scheme is located less than two miles from Sidcup town centre and provides easy access to the A20, M25 and central London.
Sidcup Logistics Park is the second scheme Chancerygate has completed in the town in the past three years. The first was its successful development of 117,000 sq ft of urban logistics space at Klinger Industrial Park which was forward sold to M&G Real Estate.
Chancerygate development director, Jonathan Lee, said: “Sidcup Logistics Park has played a key role in helping satisfy the high demand for Grade A, sustainable urban logistics accommodation in the Kent region.
“We are very pleased to have secured the sale of the final unit to a private investor. The development is best placed to not only help businesses serve the local area and beyond, but also support economic growth and job creation in Sidcup.”
You can learn more about Chancerygate’s live projects across the country here.