Eurazeo and Arax Properties Submit Planning for 105,000 sq ft Urban Logistics scheme in Chessington

Eurazeo and Arax Properties Submit Planning for 105,000 sq ft Urban Logistics scheme in Chessington

Arax Properties, in partnership with Eurazeo’s Real Estate team today announced the submission of the planning application for a new urban logistics development in Chessington, south west London. 

Base A will have the following key specification:

  • 104,700 sq ft multi let urban logistics scheme
  • 7 units of 9,400 – 24,600 sq ft
  • 8m eaves
  • BREEAM Excellent with photovoltaic power generation and EV charging
  • EPC A
  • Net Zero Ready

Base Chessington is being developed in joint venture by Eurazeo and Arax Properties, a pan-European operating partner.

Ground is expected to be broken in Q2 2024 with completion due in Q1 2025.  The scheme is being built to a high specification, will provide a range of unit sizes to suit a wide variety of occupiers and is one of the only spec developments at this size along the A3 corridor.

Base A3, Chessington, will be constructed to a BREEAM Excellent standard, achieve an EPC A rating and be Net Zero ready. The scheme will also incorporate a number of environmental and sustainable features targeting energy consumption, power generation and drainage management.

The units will benefit from 19.00 to 28.5m yards, level access doors, 1 car parking space per 1,300 sq ft and a minimum of 10 cycle spaces per unit. Internally the units will provide 8m eaves, 15% roof light content, fully fitted CAT A offices and additional storage mezzanine at first floor with a flexible undercroft beneath.

Giles Morse, Partner, Arax Properties: “We are delighted to be investing into Chessington, bringing new employment opportunities and adding significant economic value to an area starved of high quality industrial development.”

SHW is appointed as letting agent for Base A3, along with DTRE.  Alex Gale, Senior Partner, SHW: “This development of business units will fill a much needed gap in the market for high quality industrial and logistics buildings in a strategic SW London location.”