New trade units
Trade City, Hemel Hempstead
About the development
Kier acquired the former DuPont premises which covered five acres of land located on the established Maylands Industrial Estate in Hemel Hempstead.
Dacorum Council granted consent for 112,000 sq ft of Trade City units. Following demolition of the redundant DuPont premises, the scheme was developed in a single phase on a speculative basis owing to the strong levels of demand. Supply in the area had been constrained by a lack of development land and vacant secondary accommodation.
The scheme was sold in its entirety to CBRE Investors prior to practical completion.
Kier has since developed a Travelodge hotel with adjoining restaurant facilities at the gateway to the Maylands Industrial Estate. The remainder of this site is available for office and Trade City premises.
SCHEME OVERVIEW
| Address | Maylands Industrial Estate, Boundary Way, Hemel Hempstead |
| Status | Sold - value £15.7 million |
| Availability | Not available |
| Unit Sizes | 112,000 sq ft |
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