The Ravenbourne Group - Industrial Development - Dagenham, Dagenham Dock

Date: 30 Mar 2006

The Ravenbourne Group, jointly with the Prudential is launching another of its 'own your own' (OYO) developments, this time at Dagenham Dock, part of the giant Thames Gateway regeneration area.

The scheme, at Hindmans Way, Dagenham, is to consist of 19 small units, between 1,184 and 8,809 sq ft with detailed planning for business, general industrial and storage, and distribution uses (B1/B2/B8). The ten smallest units have a minimum roof height of 5 metres, the larger units have between 6.5 and 7 metres clear roof height.

"This is our fifth OYO development" says Ravenbourne's Ian Turner, "and is being built as a direct response to strong demand from smaller businesses for small units for manufacturing and warehousing. And, as we also find that these smaller owner-managed businesses prefer to own their premises rather than lease them, so all of the units are available on a freehold basis. On the other hand, should a prospective occupier prefer, then these units can of course be leased."

Previous Ravebourne OYO developments are at Andover, Thame, Portsmouth and Wallingford and were developed jointly with Abacus Developments Ltd and The Allied Commercial Group. "We are particularly pleased that the Prudential is joining us in this scheme," continues Turner, "as we believe it demonstrates a growing recognition of the need for this type of unit and the high quality design and build that we put into them."

Joint sole agents for the scheme are Glenny LLP and Kemsley Whiteley & Ferris.

CGI of the OXO development at Dagenham Dock

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