Developer Chancerygate has achieved practical completion on a 165,000 sq ft urban logistics scheme in Aston Clinton.
Vantage 41 comprises 16 units, ranging in size from 4,800 sq ft to 43,600 sq ft. The gross development value is around £35 million.
Three units, totalling 79,400 sq ft, have already been pre-let and two more, totalling 13,400 sq ft, are under offer.
The new occupiers include oriental food specialists Korea Foods Company, Europe’s largest importer of Korean products, alongside a national wholesale DIY, garden, janitorial and engineering supplier.
In total, there are 11 units ranging from 4,800 sq ft to 9,900 sq ft that remain available on a leasehold basis..
The scheme, four miles east of Aylesbury directly off the A41, has achieved a BREEAM Very Good accreditation. It features electric vehicle charging points and some units include solar panels.
Chancerygate senior development director, Matthew Connor, said: “There is an acute shortage of small to medium sized urban logistics and warehouse units available to lease in the Buckinghamshire region.
“Vantage 41 will help meet this demand and unlock the economic growth in the region which is being held back by the lack of high-quality, sustainable accommodation. This is already evidenced by 50 per cent of the space at the scheme being pre-let at practical completion.
“We’d like to welcome the new tenants who can now benefit from the development’s close proximity to major infrastructure routes, ensuring they are best placed to serve regional and national markets.”
Agents for Vantage 41 are JLL and Brown and Co.
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