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Trebor Developments with Partner, Maple Grove Developments, have appointed Andrew Scott Limited as main contractor for their latest speculative industrial scheme, located at Pencoed Bridgend, off Junction 35 of the M4 Motorway, on Pencoed Technology Park.

The single unit of 46,242 sq ft will commence on site in May for occupation in Q1 2023 and is suitable for a range of uses.

The scheme benefits from grant funding provided by Welsh Government and the European Regional Development Fund (ERDF) and will provide much needed quality accommodation in South Wales.

Bob Tattrie, Managing Partner at Trebor Developments, commented “It has taken a long period to acquire this site and finalise the grant funding, but we are now ready to deliver and the site location is excellent, being partway between Swansea and Cardiff. We remain very active in the South Wales market and this latest speculative industrial unit is one of very few such developments being delivered in 2022/2023. We expect strong occupier interest.”

Trebor Developments and Maple Grove Developments are represented by Knight Frank, Cardiff and DLP Surveyors, Cardiff.

Deeside Regeneration Limited, a joint venture between Maple Grove Developments and Trebor Developments, has received detailed planning consent for its new speculative industrial scheme of 46,100 sq ft, to be located adjacent to Junction 35 of the M4 Motorway, on Pencoed Technology Park.

The scheme, which sits within a Tier One grant assisted area offering the highest level of grant assistance for qualifying projects, is supported by the European Regional Development Fund through the Welsh Government  In line with Welsh Government’s sustainable buildings standards, the scheme will be built to BREEAM Excellent Standard, putting sustainability at the forefront of the development

Bob Tattrie, Managing Partner at Trebor Developments, commented: “We are delighted to achieve planning consent which will now allow us to commence construction on site in April, with building completion this year.  The project is available as a single unit or can be divided into two and therefore offers a most attractive mid-box, high quality, industrial scheme which is very rare in the South Wales market.  We expect strong demand given the low availability of quality industrial stock and the location can serve both directions of the M4 (to Cardiff or Swansea) and so is highly flexible”.

Deputy Minister for Economy and Transport Lee Waters said: “This development will provide modern business space. It will also support our commitment to create opportunities and secure lasting economic change for our communities.

“I am delighted we have been able to support this important project, and I look forward to seeing it progress and help make the area a more prosperous place to live and work.”

The scheme will be available on a leasehold or freehold basis.

Knight Frank, Cardiff and DLP Surveyors, Cardiff, have been appointed as joint letting agents for the scheme.

Deeside Regeneration Limited, a joint venture between Trebor Developments and Maple Grove Developments, has submitted a detailed planning application for a new speculative industrial development of 46,100 sq ft, to be located adjacent to Junction 35 of the M4 Motorway, on Pencoed Technology Park.

The scheme, which sits within a Tier One grant assisted area offering the highest level of grant assistance for qualifying projects, is being supported by the Welsh Government and the European Regional Development Fund (ERDF).

Speaking about the planning application, Bob Tattrie, Managing Partner at Trebor Developments, commented: “This scheme is being brought forward to provide much needed quality industrial accommodation in the South Wales region.  As one of the most active mid box industrial developers in the UK, we recognise there is pent-up demand from occupiers in South Wales, which this development will fulfil.

“Our successful partnership with Maple Grove Developments has seen us recently complete a speculative three unit industrial scheme at Deeside in North Wales, which is now under offer and we look forward to replicating our success in grant assisted areas with this further proposed speculative development”.

The industrial unit will be available on a leasehold or freehold basis.  Knight Frank, Cardiff and DLP Surveyors, Cardiff, have been appointed as joint letting agents for the scheme.