Rula Developments has won detailed planning consent for a new 190,000sq ft high specification warehouse unit at Junction 28 of the M1 motorway near Huthwaite in Nottinghamshire.
The proposed warehouse unit, which will be built speculatively, is situated on the established Fulwood Industrial Estate and will be built to high specification with strong sustainability credentials, targeting BREEAM Excellent and an EPC A rating, the developer said this week.
The warehouse will also offer an “oversized” dual yard provision, 15m eaves and 50m yard depth, the company added.
The development has a target completion date of Q2, 2023 with M1 Agency and Burbage Realty have been appointed as marketing agents.
Mark Hawthorne, Rula Developments director, said: “It is great news that we have secured a successful planning consent and can now move forward with the delivery of this highly sustainable and strategically located warehouse. Junction 28 is an established and sought-after occupier location, and we are confident of delivering a successful development bringing forward further job creation in the area.
Toby Wilson, M1 Agency commercial surveyor said: “Obtaining planning approval is a major milestone in bringing forward the delivery of Fulwood 190. With continued strong levels of take-up and an intention to speculatively build out, we are confident of quickly securing occupier interest.”
Franco Capella, Burbage Realty director also welcomed the development’s planning consent. He added: “Combined with the underlying credentials of strong location and labour supply we welcome the development phase now coming forward.”
