RPMI Railpen and Wrenbridge have achieved planning consent for a 128,000 sq ft warehouse development on a 5.85-acre site in Waltham Cross, London
The site was purchased in October 2019 and the development will create six Grade A units ranging in size from 5,400 sq ft to 84,500 sq ft.
Alastair Dawson, Senior Asset Manager at Railpen, said: “Securing planning consent achieves a major milestone in our objective of creating a new, Grade A warehouse development in this prime London location. We are committed to delivering this scheme and re-generating this derelict site, creating jobs for the Borough of Broxbourne.”
The site benefits from close proximity to major roadways including the M25, A10 and M11, and is adjacent to Waltham Cross Station.
Wrenbridge will act as development partner and the new units are due to be completed in Q2 2021.