Planning Approved for £25m Grade A Logistics Hub in Borehamwood

Harleyford Capital and Fiera Real Estate have secured detailed planning consent for Bolt Borehamwood a 55,000 sq ft single-let warehouse development in Borehamwood, North-West London. The scheme has a gross development value (GDV) of £25 million and is being funded by the Fiera Real Estate Logistics Development Fund.

Fronting the A1 motorway, Bolt benefits from excellent roadside visibility to circa 55,000 vehicles per day. The site is strategically located with direct access to Junction 23 of the M25 and Junction 4 of the M1, placing more than 9 million people within a 30km radius. This connectivity makes Bolt an ideal location for distribution and last-mile logistics operators.

Sustainability is central to the design with the development targeting an EPC A rating and BREEAM ‘Excellent’ as well as providing photovoltaic panels and EV charging points to meet occupiers’ evolving ESG requirements.

Thomas Mallindine, Managing Director, Asset Management at Harleyford Capital, said:
“Harleyford is delighted to have secured detailed planning consent within four months of submission and well ahead of our business plan underwriting.”

Chris Button, Head of Investment Management at Fiera Real Estate, added:
“Bolt Borehamwood continues Fiera’s strong commercial planning track record, with 75 successful consents from 75 applications.”

DTRE and CBRE have been appointed as joint leasing agents for Bolt Borehamwood.