Bericote secures 450,000ft2 London pre-let
Bericote has pre-let its 450 unit thepowerhouse warehouse unit on the former Littlebrook power station site in Dartford to a well-known high quality retailer widely tipped to be Ikea.
The unit which is being built through a joint venture with Tritax Big Box, boasts a 427,490ft2 warehouse with 22,510ft2 three storey office and welfare space. It has a 21m eaves height with up to 5MvA of power available.
There are 68 dock and five level access doors as well as 144 trailer and 436 car parking spaces. It will be built to a BREEAM Excellent rating.
It is adjacent to where Amazon has pre-let a 2.3 million ft2 distribution centre.
A planning application was submitted in July for the next phase of the scheme, which includes a 300,000ft2 logistics unit to be constructed to BREEAM Excellent and available for occupation Q3 2022.
Jonathan Maher, Development Director at Bericote, said: “The pre-letting during construction of this speculative development underlines the strength of the market and the very attractive attributes of the site and we look forward to repeating the same success for the next phase of the development.”
Charlie Withers, Director of Development for Tritax Management, commented: “Securing a 15-year letting at thepowerhouse to another high quality occupier, further validates our strategic focus on development. The new tenant, will join Amazon at what is becoming the preeminent logistics location in the UK’s South East.”
Joint letting agents are DTRE, Colliers and JLL. The Tenant was advised by Colliers.