A property investment company has acquired a 17-acre site off the A41 near Aylesbury, which it plans to sell to businesses to use as employment space.
The site, which is located to the south east of Aylesbury, is part of the Hampden Fields development, and benefits from consent for up to 314,000 square feet of employment use.
Head of industrial and logistics at Firethorn James Sanders said: “It’s been a pleasure working with the Taylor Wimpey team and consultants on a site that we’re excited to bring forward.
“The development presents a compelling opportunity for occupiers, who continue to be displaced by affordability constraints of nearby markets.
“With excellent connectivity and Grade A product, we expect the project will allow us to address a gap for future customers and look forward to moving into the delivery phase.”
The site, which provides direct access to the A41 dual carriageway, follows on from Firethorn’s recent purchase of a ten-acre site in Maidenhead.
Head of strategic land at Kirkby Diamond Henry Pauncefort-Duncombe said: “This is a major transaction for the region and, once complete, we expect the best-in-class development to attract strong interest from a wide range of occupiers, ultimately delivering substantial employment opportunities and long-term economic benefits for the local area.”
Speculative development on the site is anticipated to begin in the middle of 2027.