Rockhaven Developments has begun construction work on its speculative industrial development at Triangle Park in Gloucester.
When complete in the first quarter of 2018, the Rockhaven scheme on Metz Way will deliver 22 high quality units totalling 43,625 sq ft into a market experiencing historically low levels of supply.
Property consultants Alder King are sole agents.
Built in five blocks, this latest development by Rockhaven will offer units ranging from 1,875 to 3,125 sq ft, available to let or for sale on a long leasehold basis. Each unit will be fitted with an open decked mezzanine floor and 3 metre high loading doors. Units within Block A will benefit from solar PV panels.
Alder King partner Adrian Rowley said:
“The commercial property market in Gloucestershire is extremely buoyant, with strong demand but low levels of stock. This new scheme will go some way to redressing the imbalance in the market.”
Triangle Park is a successful mixed-use regeneration scheme on Metz Way, close to the edge of the city centre and Eastern Avenue ring road. It includes a Morrisons supermarket and petrol station, a Costa Coffee drive-thru and associated restaurant units and a Mercedes Benz commercial vehicle dealership.