Strong confidence by SMEs in the West Kent economy is evident after most of the industrial units at Nepicar Park, on the A20 near Wrotham, were sold prior to completion of the development.
In February 2015 Gallagher Properties secured planning permission to develop 15 industrial warehouse units totaling 42,000 sq ft, close to Junction 2a of the M26.
Nick Yandle of Gallagher Properties, which is part of the Maidstone based Gallagher Group said: “It is a fantastic achievement to have nearly all the units sold prior to completion of the project, only 18 months from securing planning permission.
“It clearly shows that there is demand for well-designed, high specification and well located industrial units that are close to the motorways in Kent.
“Speculative development in the county over the past few years has been rare, but we were confident we had come to understand the market and had the right product, in the right place, at the right time and so we committed to the development entirely speculatively.”
The purchasers include Insight Systems, Smart Group, Dransfield, ISS, TCW solutions, Pensdown and Akita Systems. Three have been bought by investors who intend to rent the units.
The units at Nepicar Park are mostly 2,500 sq ft, and are built around a steel portal frame with feature cladding, curtain walling and brick elevations.
The units have an up and over entrance door and a separate pedestrian door within a glazed screen.
They are up to 7.5 metres high allowing room for the installation of a mezzanine floor. In addition to the forecourt yard area, units also have allocated parking nearby.
