Southall Lane, London

In disadvantaged neighbourhoods – where there are high levels of unemployment and low rates of economic activity – the physical condition of buildings tends to decline, with little incentive in the area for investment.

However, by developing unused (or under-used) sites into flexible workspaces and industrial units, we can support SMEs and large businesses, and subsequently, drive much-needed employment generation and economic growth within the local community. In many cases, there is also the opportunity to refurbish or rebuild to higher sustainability standards, benefitting the environment and the well-being of those working in the property.

Our Southall Lane site – 3.73 acres of employment land in a prominent location in London – is currently occupied by small office suites, which produce short-term income. Our intention with this investment is to redevelop the site to provide nine industrial units, ranging between 4,000 and 36,000 sq. ft. Given the strong demand for good quality industrial units, due to the growth in online services, this development will meet the needs of SME occupiers that want to serve London and the South-east.

The development should support up to 110 jobs on site, and will be targeting BREEAM ‘Excellent’ and Energy Performance Certificate (EPC) ratings of A as a minimum, which will reduce operating costs for tenants.