Paloma and Graftongate secure consent for Tottenham logistics centre

React News
Joseph del Puerto

The 2.31-acre site will become operational in late 2024

  • What Paloma and Graftongate get green light for Tottenham logistics facility
  • Why Logistics facility is in close proximity to central London
  • What Next Site is expected to be operational late next year

Paloma Capital and Graftongate have secured approval for their proposed 65,000 sq ft urban logistics facility in Tottenham. 

The plan involves the construction of seven new Grade A industrial/warehouse units varying in size from 6,320 sq ft to 36,970 sq ft spread across a 2.31-acre site at the corner of Brantwood Road and Willoughby Lane, positioned just at edge of the Meridian Water Masterplan area. 

The site, dubbed Urban Logistics Tottenham, is expected to become operational in the final quarter of next year. 

Charles Lunnon, director at Paloma Capital, said: “Warehousing remains the most attractive mainstream UK real estate sector and inner London has the greatest disconnect between supply and demand. This acquisition presents a very rare opportunity to develop a strategically located high quality last-mile logistics scheme to address this demand.”