ASSET MANAGEMENT OPPORTUNITIES
Industrial Open Storage
- Exceptional Development Potential
The site offers a prime opportunity for industrial open storage (IOS) development, perfectly positioned to capitalise on a thriving market. Boughton Industrial Estate stands to benefit significantly from these favourable conditions. - Strong Growth Drivers
The IOS market is experiencing robust growth, driven by constrained supply, rising rents (24% Nationally), and increasing demand from a diverse range of industries. - High Efficiency and Low Costs
IOS sites deliver maximum utilisation with 100% lettable area, minimal refurbishment requirements, and reduced compliance costs for ESG and EPC regulations.
EV Charging Site
- Rapid Growth in EV Charging Projects
Over £500 million has been invested in EV charging infrastructure across the UK in the past 18 months, with major projects like a £100 million network in Wales and a £68 million project in West Sussex. - Infrastructure and Policy Gaps
The UK aims for 300,000 public EV charging points by 2030, but as of August 2023, only 48,450 are available. This presents a significant opportunity for the site as it could become a key location for the expansion of EV charging infrastructure, meeting growing demand.
Data Centres
- Data Centre
Long term potential to convert the site to data centre, subject to local infrastructure investment. - Market Size and Growth
The UK data centre market is projected to grow from £13.51 billion in 2024 to £16.82 billion by 2029. - Capacity Expansion
The UK’s data centre capacity is expected to increase from 2.59 thousand MW in 2025 to 4.75 thousand MW by 2030. - Investment Influx
Recent initiatives, such as the UK’s AI Opportunities Action Plan, have announced data centre projects worth £14 billion, underscoring the sector’s attractiveness to investors.
- Capitalise on a Booming Battery Storage Market
The global battery storage market is projected to grow at a
compound annual growth rate of over 20%. The UK’s battery
storage capacity is expected to reach 24 GW by 2030, attracting
investments up to £16 billion. - Proximity to Substation
Boughton Industrial Estate is ideally positioned to benefit from this
trend, thanks to its proximity to pre-existing infrastructure, particularly
the nearby Ollerton substation 2 miles to the south east, making it a
prime location for battery storage development. - Proven Location
Further evidence of the location’s potential for battery storage
includes the Newton Wood Farm Battery Storage project, currently
under development just 15 miles southwest of Boughton.
- Government Renewable Energy Targets
The UK government aims to achieve 70 gigawatts (GW) of solar
capacity by 2035, a significant increase from the 15.8 GW recorded
as of March 2024. This ambitious goal underscores the need for
additional land to accommodate new solar installations. - Land Utilisation for Solar Farms
Currently, ground-mounted solar installations occupy approximately 0.1%
of the UK’s land area. To meet the 70 GW target, it’s projected that solar
farms would need to cover about 0.3% of the UK’s land. This expansion is
considered manageable within the nation’s land resources. - Surrounding Local Solar Farms
The site is surrounded by several solar farms, including Westwood Farm
Solar Park, located just 2 km northeast, with an output of 5.1 MW. The
largest in the vicinity is Walkers Wood Solar Farm with a 27 MW output.