Plans for a 944,000 sq ft Didcot warehouse have been approved by local councillors – the first of its kind in the area.
A pension fund advised by Savills Investment Management, together with Lingfield Securities Plc, have been granted outline planning consent for a new industrial and warehouse development called Giant at Didcot Distribution Park, Oxfordshire. Savills has been instructed jointly with VSL to market the site to occupiers.
The approval, for a 65 acre site, includes outline planning permission for a single cross docked unit of 832,222 sq ft.
Toby Green, director of National Industrial & Logistics at Savills, says: “Consent for a single cross docked building of this size is unique for the A34 corridor and wider Thames Valley area and we expect to receive considerable interest from potential occupiers.”