A multi-mllion pounds development is set for Wearside.
Commercial property specialists Buccleuch Property and Argon Properties last week received detailed planning consent for a 157,000 sq ft manufacturing and distribution unit, to be known as Velocity 194, at Armstrong Way in Washington.
The 10-acre site was purchased from B&Q in February this year and the £17m building will help address the chronic shortage of large Grade A warehousing in the region. With detailed planning approved and a high power supply already secured for the site, the building can be available for occupation as early as the third quarter of 2019.
Neil Finnie, Director at Buccleuch Property, said:
“The site in Washington is strategically located for all of the main arterial routes in the region and is less than a 10-minute drive to the Nissan Car Plant. We expect the high-quality design, building prominence and environmental credentials will be attractive to a wide range of occupiers. At this stage there is the ability to work with prospective tenants to incorporate any necessary fit out or specific building requirements for businesses seeking accommodation.”
Richard Wilks, Managing Director at Argon Properties, said:
“The development partnership is delighted to have obtained detailed planning permission so quickly. This is a standalone site, not part of a larger development, and its location avoids many of the traditional bottle necks associated with shift patterns in the area. There is a ready and cost-effective available workforce and we have power to the site secured. It all bodes well for a successful development helping to bring more jobs and revenue to the area.”