Huge demand for warehousing space on parts of the M25 has played its part in creating a shortage of suitably available industrial property on the outskirts of the capital.
However, in taking advantage of this gap in the market, developer, Newable, has created an opportunity for HBPW which is playing its small part in helping to alleviate the problem on stretches of London’s Orbital Motorway.
Working with both Newable and, this time, contractor Mitchell Design & Construct Ltd, HBPW has completed the civil and structural elements of a project aimed at developing five industrial units on a 3.84 acre site off the A2026 Victoria Road at Dartford in Kent.
Partner, Emyr Parry, said: “This is a brownfield development close to Dartford town centre and the regeneration will see the development of industrial units with small mezzanine areas each with their own yard, in a range of sizes from c10-20,000 square feet. The total floor area will be c75,000 sq. feet.”
He said that HBPW had completed drawings relating to drainage, foundations and superstructure and that the development would start to address the area’s limited supply of units available to businesses in the locality.
“Almost without exception, large stretches of the M25 are home to thousands of businesses, meaning that demand for industrial units invariably outstrips supply, certainly when it comes to warehouse space which is always at a premium.
“Newable has been quick to take advantage of this opportunity and, to date, we have completed a number of identical projects in the Dartford, Enfield and Rainham areas as well as other districts within proximity of the M25.
“It has already proved to be a fruitful collaboration and we hope that this project will be one of many more as companies like Newable seek to plug the gaping hole in demand for industrial units in those areas surrounding the capital,” added Emyr.