TWO NEW INDUSTRIAL UNITS LAUNCH AT VAUGHAN PARK IN WEST MIDLANDS

Construction is now complete at Vaughan Park in Tipton, Sandwell in the West Midlands, and two speculatively built, Grade A industrial units totaling 256,148 sq ft are available to let. CBRE and Darby Keye have been appointed as letting agents for the project on behalf of a commingled fund managed by Kennedy Wilson.

Vaughan 153 comprises 153,185 sq ft including 11,287 sq ft of office accommodation. The high specification unit includes a substantial 48.5m yard, 147 car parking spaces, including 14 EV charging stations, the warehouse provides 16 dock level doors, with two double height and 2 level access doors, with a 15m clear internal height.

Vaughan 103 provides 102,963 sq ft of industrial and office accommodation. Specification includes 12m eaves height, 10 dock level doors (two double height) and 2 level access doors leading onto a large, secure yard. This unit has 100 car parking spaces with 10 EV charging points.

Both units are built to BREEAM Excellent and EPC A ratings, with 10% roof lights, LED office lighting,  generous power supply and 24-hour security on site.

Positioned in a key, strategic West Midlands location, Vaughan Park provides excellent accessibility to the motorway network, with Junctions 1 and 2 of the M5 a short distance away accessed via the A457 Tipton Road.

Luke Thacker, Director of CBRE, comments: “We are excited to officially launch Vaughan Park to the market, providing much-needed high-quality industrial space, immediately available in a key location to serve the major destinations of Birmingham, Walsall, Wolverhampton, Tipton, Oldbury and Dudley, and further afield via the wider motorway network.”

Rob Ferguson, Senior Asset Manager at Kennedy Wilson, says: “With strong levels of demand and limited supply for Grade A space in the Black Country and wider West Midlands, we are very pleased to practically complete on these two new units to meet the needs of the manufacturing and logistics sectors.”

Ashleigh Hayes, Associate Development Manager for Tungsten Properties adds: “Vaughan Park, Tipton is Tungsten Properties’ third project with Kennedy Wilson and again we have delivered two highly specified, Grade A industrial units. The units have been designed with the end occupier in mind and have generated a good level of interest from tenants this far, which is a testament to the location and quality of build.”