Arax Properties, in partnership with Eurazeo’s Real Estate team has announced the submission of the planning application for a new urban logistics development in Chessington, south west London. “Base A3” will have the following key specification:
- 104,700 sq ft multi let urban logistics scheme
- 7 units of 9,400 – 24,600 sq ft
- 8m eaves
- BREEAM Excellent with photovoltaic power generation and EV charging
- EPC A
- Net Zero Ready
Base Chessington is being developed in joint venture by Eurazeo and Arax Properties, a pan-European operating partner.
Ground is expected to be broken in Q2 2024 with completion due in Q1 2025. The scheme is being built to a high specification, will provide a range of unit sizes to suit a wide variety of occupiers and is one of the only spec developments at this size along the A3 corridor.
Base A3, Chessington, will be constructed to a BREEAM Excellent standard, achieve an EPC A rating and be Net Zero ready.
Base A3, Chessington, will also incorporate a number of environmental and sustainable features targeting energy consumption, power generation and drainage management.
The units will benefit from 19.00 – 28.5m yards, level access doors, 1 car parking space per 1,300 sq ft and a minimum of 10 cycle spaces per unit. Internally the units will provide 8m eaves, 15% roof light content, fully fitted CAT A offices and additional storage mezzanine at first floor with a flexible undercroft beneath.
Giles Morse, Partner, Arax Properties: “We are delighted to be investing into Chessington, bringing new employment opportunities and adding significant economic value to an area starved of high quality industrial development.”
Claudia Harley, Associate Partner, DTRE: “Base, Chessington was designed to meet the evolving needs of businesses in the region. This scheme will provide modern, ESG focused units in a strategic location appealing to a range of occupiers”.
Alex Gale, Senior Partner, SHW: “This development of business units will fill a much needed gap in the market for high quality industrial and logistics buildings in a strategic SW London location”.