Chancerygate and Bridges submits planning for spec logistics space in Tolworth

Plans submitted - Chancerygate and Bridges Fund Management intend to build a 68,000 sq ft urban logistics scheme at Red Lion Road Business Park in Tolworth

A joint venture between industrial developer Chancerygate and specialist investor Bridges Fund Management has submitted plans to speculatively build 67,975 sq ft of urban logistics space on a 2.78-acre site at Red Lion Road Business Park in Tolworth.

The JV intends to develop an industrial scheme comprising nine units ranging from 4,467 to 17,513 sq ft. Units will be available on a leasehold basis.

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