Logistics development planned for former Sony site

Developer Chancerygate has submitted plans to speculatively build 105,000 sq ft of grade A logistics and industrial space on a former Sony site near Horsham.The Southwater scheme will comprise seven freehold units ranging from 8,325 sq ft to 33,940 sq ft. The projected gross development value is approximately £27m.The 4.59-acre site, which was formerly a manufacturing and logistics hub for global electronic manufacturers Sony, is located at Southwater Business Park approximately four miles south of Horsham.All units at the planned scheme will benefit from cycle storage, electric vehicle charging points and solar cells.Development director Matthew Young said: “Our development at Southwater Business Park will provide an excellent opportunity for businesses across the region to purchase brand new grade A industrial and warehousing space. Much of the existing industrial and warehouse stock within the mid-Sussex market is either second hand with low sustainability credentials or is only available on a leasehold basis.”There remains strong demand from occupiers for freehold urban logistics units who are becoming more footloose within the region. This has been made possible through the excellent road infrastructure and the desire to own property which meets occupiers’ and their clients’ environmental expectations.”The scheme aims to become an economic asset to the region through the creation of jobs whilst driving further investment. We look forward to working closely with Horsham District Council to progress our planning application and to deliver prime industrial assets to the region.”