Work is underway on a new 40,000 sq ft industrial and warehouse facility in Buckinghamshire which is set to create more than 50 jobs.
The new development showcases Deeley Group’s ability to source land, design, gain planning and construct excellent facilities for a wide range of occupiers.
Work on the the £8 million site started in May 2023, with completion of the new industrial unit targeted for Spring 2024.
The £8 million manufacturing and distribution facility, provided in its own self-contained site was approved by Buckinghamshire Council in March following a successful application by the Deeley Group.
The modern logistics and distribution hub will be available for sale or on a new lease and is being built to BREEAM ‘Very Good’ standard – a leading accreditation which measures the sustainability performance of a building.
Cygnet 40 features electric vehicle charging for two cars and 43 car parking spaces serving the building. It benefits from easy access to the M1 and M40 and is near to Silverstone’s world-renowned automotive and motorsport cluster.
Deeley Group, which is headquartered in Coventry, previously developed 70,000 sq ft of industrial units at Kites Park in Princes Risborough, and also built Swan Business Centre and Angelvale Business Park nearby in Buckingham.
Andrew Brazier, development consultant at the Deeley Group, said: “We’re pleased to be underway on site now and creating a leading modern facility for the manufacturing and logistics industry.
“We are working closely with our agents White Commercial Surveyors to identify potential occupiers for the site which is set to generate more than 50 jobs for local people in Buckingham.
“This is our third development in Buckinghamshire and we are proud to continue to contribute to enhancing the economy in Buckingham.
“We are working towards being Net Zero Carbon for 2036 and are pleased to be completing this development to a high sustainability standard.”
Chris White, of White Commercial, has been appointed to as the retained agent for the development which will comprise a purpose-built, high-quality warehouse, together with office accommodation.
Ziran Land is a joint venture partner on the development with the Deeley Group.
Chris White, Managing Director at White Commercial, added: “Deeley Properties will be providing a quality Headquarters building in Buckingham which is excellently situated close to Milton Keynes and Northampton.
“The availability of the building on a ‘For Sale or To lease basis is already providing a good level of interest – particularly from the high-performance automotive sector.”