26 February 2018
7.5 acre site acquisition to create much needed new industrial park for Gatwick
SHW Business Space have advised in the purchase of a 7.5 acre site in Salfords / North Gatwick for a new 170,000 sq ft speculative build.
This acquisition is the first in a JV between Goya Developments and Hillwood to create a £50m gross development value multi-warehouse development which is much needed to satisfy the ongoing demand and very limited supply within the Gatwick Diamond.
Tim Hardwicke, Head of Business Space for SHW said: "We were delighted to be involved in the deal, and moving forward promoting the units for end users. We are already discussing the site with a number of parties who are looking to take leases on units and expect a large proportion will be pre-let prior to construction. It is great to see another quality development by Goya in the area."
Contact:
Tim Hardwicke
thardwicke@shw.co.uk
01293 441305
