Kennedy Wilson acquired Vaughan Park in 2021 with an opportunity for in-place income and a speculative development at the multi-let industrial estate in Tipton, Sandwell in the West Midlands.
Following the acquisition of Vaughan Park in 2021, Kennedy Wilson completed the speculative build of two Grade-A industrial units totaling more than 250,000 square feet on time and under budget. Both units are built to BREEAM Excellent and EPC A ratings, with 10% roof lights, LED office lighting, generous power supply and 24-hour security on site.
Positioned in a key, strategic West Midlands location, Vaughan Park provides excellent accessibility to the motorway network, with Junctions 1 and 2 of the M5 a short distance away accessed via the A457 Tipton Road. Vaughan 153 comprises 153,185 industrial square feet as well as a substantial 48.5m yard, 147 car parking spaces, and14 EV charging stations Vaughan 103 provides 102,963 square feet of industrial and office accommodation with 100 car parking spaces and10 EV charging points.
One of the new units sold to an owner-occupier and the other let to a national occupier.