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Developers race to plug gap in the small shed market

Developers race to plug gap in the small shed market

Wilson Bowden is to press ahead with a further 60,000 sq ft speculative phase at the 420-acre Kingsway logistics site, near Rochdale as developers race to plug a gap in the small shed market.

The developer has submitted a planning application for the next phase of development at Kingsway Business Park in Rochdale on behalf of the Kingsway Partnership – a joint venture between the Rochdale Development Agency, Rochdale Borough Council, HCA and Wilson Bowden.  The application comprises 11 industrial units, ranging in size from 3,000 sq ft to 15,000sq ft.

The £6 million scheme, designed by DLA Architects aims to start on site by Spring 2018 with the units available to rent from early 2019.

Kingsway occupiers include JD Sports and Asda.

Damian Cooke, Operations Director at the Rochdale Development Agency, said: “Kingsway Business Park has already attracted big brand names such as JD Sports, which has recently extended its operations here by a further 630,000 sq ft.  However, an equal priority for the Partnership is to address the requirements from local and regional occupiers.  Our in-house teams carried out extensive research and after speaking to both local and national agents we realised that there was a gap in the market for units under 20,000 sq ft.”

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