Work is set to start on a new £8 million warehouse development in the West Midlands.
Commercial property investor and developer Barberry Group is leading the project to create a speculative 64,000 sq ft warehouse on Kingswood Lakeside Business Park in Staffordshire.
The 3.5-acre site near the M6 Toll has been acquired by Barberry from Staffordshire County Council and Cannock District Council.
READ MORE: {}
Barberry has secured detailed planning permission and appointed main contractor Benniman to start on site in January and the development is expected to reach practical completion in the summer.
Want more business news straight to your inbox?
BusinessLive is your home for business news from around the country - and you can stay in touch with all the latest news through our email alerts.
You can sign up to receive morning news bulletins from every region we cover and to weekly email bulletins covering key economic sectors from manufacturing to technology and enterprise. And we'll send out breaking news alerts for any stories we think you can't miss.
Visit our email preference centre to sign up to all the latest news from BusinessLive.
Barberry development director Jon Robinson said: "Barberry64 is another high quality warehouse development being delivered by our team and we're excited to see work start on site in the new year.
"We are confident our speculative development will cater for several occupier requirements live within the market, providing them with a headquarters building in an excellent location.
"We hope to generate a great deal of interest, giving occupiers the opportunity to purchase or lease this building.
Most Read
"With the acquisition of this site in Cannock, we now have more than 2.9m sq ft of industrial and warehouse developments in the pipeline."
Coun Mark Winnington, Staffordshire County Council cabinet member for economic growth, added: "Barberry's acquisition and development of this final plot of the Kingswood Lakeside Business Park is a significant milestone for site and the wider area.
"It's one of our flagship sites and was constructed by the county council.
"The quality and success of this final plot development, as with the wider business park, underlines the benefit of close co-operation between the public and private sectors."
Frontier Development Capital supported Barberry in bringing forward the site.