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October 2019 News

Glenny appointed by SEGRO on speculative industrial scheme in Tottenham, North London

15 October 2019

SEGRO has appointed Glenny LLP as joint leasing agent alongside Strettons and DTRE on a new speculative industrial development near White Hart Lane in Tottenham, North London.

Comprising eight acres of land, the site will be developed into a high-quality scheme of urban logistics and light industrial units totalling 185,000 sq ft which will be available to pre-let in response to the ongoing demand for industrial space.

The site is strategically located within the A406 North Circular Road and benefits from excellent road connectivity. Once completed, it will be one of SEGRO’s closest assets to central London.

Ivan Scott, Divisional Partner at Glenny’s North London & Herts office said: “Our unrivalled regional knowledge will enable us to add significant value to the letting of this scheme and we are looking forward to unlocking its full potential.”

Alan Holland, Business Unit Director, Greater London, at SEGRO said: “At a time when industrial land in London is diminishing, this site offers a rare opportunity to deliver a modern urban logistics hub in a well-connected, zone-3 location, inside the North Circular.

“Our ambition is to develop modern, high specification industrial units at a range of sizes which will complement our existing North London portfolio and capitalise on demand from a broad range of customer sectors, including online retailers and last-mile operators.

“We’re very pleased to complete this off-market transaction and look forward to working with London Borough of Haringey and the local community to advance our plans.”

For more information on the pre-let and speculative opportunities available at SEGRO Tottenham, please contact Ivan Scott: i.scott@glenny.co.uk or 020 8367 2334.

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