Magnitude Land LLP, a joint venture between Tritax Symmetry, the development arm of Tritax Big Box and NPL Ltd has secured detailed planning consent for two options of development at unit 41, Ma6nitude Middlewich.
A planning application for either a single sided 238,000 sq ft facility or a 200,000 sq ft cross docked unit on the 17- acre allocated employment site has been given the go ahead by Cheshire East Council.
The project team includes Asteer Planning, Tyler Grange, AEW and SGI.
Speaking about the decision, David Nuttall, development director at Tritax Symmetry, commented: “The two options we have obtained planning for at Unit 41 will allow us to respond flexibly to the market and we look forward to bringing forward a unit on this plot promptly. We have now achieved over 1.75 million sq ft of consents at Ma6nitude in the last two years and we are currently onsite delivering c.350,000 sq ft of new accommodation over three units. We have strong interest in both of the speculatively built units, which both offer high-quality, sustainable space in a highly sought-after location.”
Alice Routledge, partner at Asteer Planning, continued: “This is an important planning approval which paves the way for work to begin at Unit 41, a decision which will help attract further new business and investment to Middlewich. Two alternative building types were approved by the council which provide maximum flexibility for potential occupiers. These options will help accelerate timescales for starting on site and ultimately the delivery of high quality, sustainable employment floorspace.”
Unit 11 and 12 at MA6NITUDE, providing 149,000 sq ft and 51,000 sq ft, are currently being constructed by GMI and are due for completion in June this year. Swizzels’ new 158,000 sq ft facility is also under construction and due for completion by the end of 2022.
Joint letting agents for MA6NITUDE are Savills, Legat Owen and B8 Real Estate.
Tritax Symmetry is the dedicated logistics developer of Tritax Big Box REIT plc (TBBR).
