abrdn has brought to market Gravelly Point at Gravelly Industrial Park in Birmingham. Following its recent completion at a cost of just under £27 million pounds, the grade A warehouse unit is available for immediate occupation.
The unit comprises 285,158 sq ft (26,492 sq m) of warehouse and office space across three floors with changing and shower rooms, as well as wheelchair access. The warehouse includes 24 dock level loading doors, three level access doors, 18m eaves height, 285 parking spaces and a 2.5MVA power supply. Externally, there is a gym and well-being area, MUGA pitch and office roof terrace.
The first class development is targeting BREEAM Outstanding and has an EPC A+ efficiency rating, providing sustainability measures such as EV charging points, PV solar panels with battery storage provisions and rainwater harvesting.
Centrally located, Gravelly Point provides excellent access to the M6 and the wider the national motorway network as well as Birmingham city centre and the ring road. The estate also benefits from 24-hour manned security with CCTV and car licence plate recognition. Nearby logistics occupiers include Claires, Costco Wholesale, XPO Logistics, Hermes and DHL.
Sam Robinson, industrial and logistics director at Colliers Birmingham, comments: “Businesses have a corporate responsibility to help achieve low emissions targets, which has resulted in ESG provisions being a key driver in any new property acquisition. Gravelly Point provides occupiers with a building performance which allows them to help reach these targets, as well as the potential to attract and maintain staff going forward, with benefits such as the sports pitch, outdoor gym and roof terrace.”
Christian Smith, industrial and logistics director at Savills Birmingham, added: “Gravelly Point is the largest industrial unit of the last decade for Birmingham and its outstanding specification combined with the excellent location will make this scheme extremely desirable. The investment that abrdn has made into this unit shows their commitment to Birmingham and underpins the strength of the city’s industrial market.”