Potter Space, which owns, develops, and operates five business parks across the UK, has announced that it plans to double the size of its Droitwich site to more than 470,000 square feet in the next five years.
Covering 38-acres, the business park currently has approximately 286,000 square feet of industrial units and warehousing, which are close to 100% occupancy.
With demand high for industrial units, Potter Space intends to start work on the first phase of the development in spring next year, which will comprise four units totalling circa 105,000 square feet.
All new units will be striving to meet BREEAM very good standards, following the award-winning template created with the company’s first ‘green build’ at Potter Space Ripon last year.
In addition, it will also be enhancing the existing amenity space to cater for the wellbeing of its customers. This will include extending the existing attractive landscaping and picnic areas, and creating nature walks close by. In the summer it also improved its biodiversity with the introduction of its own beehives.
Speaking about the expansion, head of commercial delivery at Potter Space, Jenna Strover, said,
“The company has traded successfully for more than 50 years and, during that time has created an impressive estate extending to 250 acres, with 1.6 million square feet of units across the five business parks.
“We are now really looking forward to embarking on the next stage of our exciting journey to deliver the ambitious development strategy in Droitwich, while continuing to provide our existing customers with a first-class service.”
To jointly market the new units, Potter Space has appointed local property agents, Fisher German and Harris Lamb.
Commenting on the appointment, Rob Champion of Fisher German said,
“We continue to receive a significant number of enquiries for industrial units of various sizes in the region. Potter Space has the benefit of being in the heart of the West Midlands and within easy access of the M5, M40 and M6.
“The other advantage is that companies can work closely with Potter Space to build their own unit to their own specification and know that they will be delivered a high quality environmentally friendly building.”