Work completes on £13.5m, 59,000 sq ft urban logistics and industrial development in Witham

Chancerygate has achieved practical completion on its 59,000 sq ft Grade A urban logistics and industrial scheme in Witham.

Called Freebournes Park, the development comprises 10 warehouse and industrial units ranging from 4,400 sq ft to 7,050 sq ft which are available on a freehold and leasehold basis. The scheme has a gross development value of £13.5m.

Located on the established Freebournes Road Industrial Estate, the development is also well connected off the A12 and will serve Witham, Braintree and Maldon, as well as sitting within the catchments of both Chelmsford and Colchester. The M25 can also be accessed from the scheme in under 30 minutes at Junction 28.

All the units at Freebournes Park feature electric vehicle charging points, secured cycle parking and 15 per cent roof lighting.

In addition, the units are constructed from high-performance building materials to reduce CO2 emissions. The scheme will achieve BREEAM rating of Very Good and all units have achieved a minimum EPC rating of B.

Chancerygate development manager, Matthew Young, said: “Freebournes Park is a fantastic example of Chancerygate’s vision, turning a formerly vacant site into an urban logistics and industrial hub which will support economic growth in Witham and the locality.”

“There has been limited speculative development along the A12. Our new development will provide a variety of occupiers with high-quality, well-sized accommodation that meet modern-day business requirements which the area currently lacks.”

“We are pleased to have achieved practical completion at the scheme and bring brand-new energy efficient units to the market to enable local and regional businesses to grow and thrive.”

Agents for Freebournes Park are property consultancy Lambert Smith Hampton and commercial property agents Coke Gearing.

You can learn more about Chancerygate’s development sites across the UK here.


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