Track Record BERICOTE - January 2021 - Bericote Properties
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January 2021
Track Record
BERICOTE
Developing across the UK
About Bericote is a niche commercial developer,
specialising in occupier led development
Bericote and the promotion and development of
large sites around the UK.
We are currently one of the most active developers in
the industrial property sector, currently on site
building over 1 million sq ft this year.
Bericote has undertaken substantial projects for a
Dartford - London
variety of blue-chip occupiers including the world’s
largest retailer – ASDA Wal-mart, Tesco, Sainsbury’s,
Ocado, Rolls Royce Motor Cars and more recently,
global automotive supplier Gestamp Automocion.
The Group has no external borrowings and has
significant cash reserves. It is the Group’s policy to use
its own balance sheet to fund the early stages of
development. Group turnover
for 2018 was £77.8m.
We are proud and fiercely protective of our 525 Haydock - St Helens
reputation for being a quick, open and
reliable developer. Our 100% track record
of always completing on contracts we win
speaks volumes about how we conduct
business.
Gestamp - Four Ashes
Developing across the UK BERICOTE
Leadership
Team
Richard Simon Jonathan Lee Piers
Saint Spencer Maher Pettit Ridout
Director Development Development Commercial Construction
Director Director Director Director
Richard is the Managing Director of Simon joined Bericote in 2011. Simon Jonathan Joined the team in March Lee has worked in the Construction and Piers Ridout is a Director in the Bericote
Bericote. Richard’s career began at reunited with Richard Saint and Steven 2014 as a Director to head up the Property Development industries for construction team. He is a Chartered
Gazeley Properties in 1986 and Ferris having worked with them at Astral London and South England markets. over 25 years. Lee joined Gazeley Civil Engineer and has specialised in
continued at Kingspark Developments Developments and Prologis. Properties as a member of their Project Development and Project Delivery in the
and Prologis. Jonathan was previously a Partner at Procurement Team in the early 1990’s. UK, Mainland Europe, Australia and the
Simon began his career at DTZ where he Cushman & Wakefield in the National Middle East for private developers,
In 2000, Richard left to co found Astral worked on strategic land disposal for Logistics & Industrial team where he Lee worked on large scale distribution global organisations, financial
Developments with Steven Ferris. From major corporate occupiers such as GKN specialised in advising blue chip developments for blue chip occupiers institutions and public bodies..
the outset Astral was positioned at the plc, BTR plc, Dunlop and IMI plc. occupiers in providing, and including ASDA, Argos and British
leading edge of the development implementing, clear strategies Telecom and was instrumental in the Formally a Director of KAM Project
market, securing strategic brownfield In 2000, Simon moved to Knight Frank acquisitions, disposals, lease advisory, development of Magna Park, Consultants, Piers has spent recent years
sites for redevelopment for blue chip to head up the Birmingham agency development and financial analysis Lutterworth, Europe’s largest dedicated leading the demolition and enabling
occupiers such as Next and Whirlpool. team, where he worked with the most within their industrial warehouse warehouse park. works for development at Bericote's
Richard was also responsible for a active developers of the time, Astral portfolios.
Developments and Prologis. Simon PowerHouse site in Dartford and
£100m joint venture with Legal and In 2000, Lee became Construction
General and development/funding joined Astral in 2005 then moved to Notably, Jonathan was seconded part- Director at Gazeley and became delivered £110 million of complex build
partnerships with the MOD, Dartford Prologis in 2007 when the Astral Group time to Sainsbury’s to advise on their responsible for the entire UK for Bericote's Gestamp West Midlands
Council, Prudential, and Blackstone. was sold to Prologis. considerable warehouse portfolio where construction activity which doubled to project.
Astral also enjoyed 100% success on a he gained a reputation and strong over 2 million sq ft per annum in 2001.
huge speculative building programme Throughout this time Simon has been track record for delivering a number of Lee joined a private investment group in Prior to joining KAM, Piers worked for
prior to its sale to Prologis. responsible for master planning and significant developments. Jonathan has 2004 to create and implement a the Qatar Government leading an
promotion through planning of a very personable approach to business development strategy for a new 6 international team to prepare the
Richard continues to build his reputation major sites and occupier led and has attained a strong reputation for million sq ft distribution park on the delivery baseline for all sports and
as one of the key operators and development activity. his commitment to customer service. outskirts of Moscow. infrastructure necessary to host FIFA
innovators in the development market.
At Bericote Simon continues to build on World Cup Qatar 2022(tm).
This is reinforced by the launch of Lee joined Bericote in 2006 and has
Bericote’s pioneering transparent low his experience in prelet development quickly established a leading team of
margin business model. Deals with high and land acquisition. consultants and contractors. Lee has Piers' approach is very customer
profile occupiers such as ASDA positioned the company’s environmental focussed and he actively engages with
*Walmart, Tesco, Sainsburys and Rolls offer to deliver new buildings that target Bericote's project teams and
Royce have consolidated this reputation. BREEAM Excellent Standard and stakeholders to innovate, add value,
Joint ventures with Blackrock and achieve an ‘A’ rating under the EPC reduce risk and continue to guarantee
Rockspring have followed as Bericote scheme. delivery.
roll out a selective speculative
programme. Bericote also own the
largest cleared and consented industrial
site within the M25, at Erith.
Richard is guest columnist for Property
Week, recently writing on market led
leasehold reform and the riches diversity
can bring to property. He is also a judge
on the Property Awards panel for
industrial agency.
Developing across the UK BERICOTE
Track
Record
500 acres and growing...
2015 1.3 million sq ft
2016 1.5 million sq ft
Rochdale
50 acres for 633,000 sq ft
2017 2 million sq ft
Grangemouth
40 acres for 500,000 sq ft
Haydock, St Helens
90 acres for 1,400,000 sq ft Minworth, Birmingham
15 acres for 250,000 sq ft
Heathrow, Heston
Omega, Warrington 10 acres for 125,000 sq ft
30 acres for 400,000 sq ft
Charlton
Four Ashes,Wolverhampton 250,000 sq ft
70 acres for over 1M sq ft
Tower Thurrock
Speculative 325,000 sq ft
Pre letting 545,000 sq ft on 25 acres
Portside, Bristol Crossdox, Erith
70 acres for 620,000 sq ft 42 acres
570,000 sq ft
Bognor Regis Crossdox, Erith
20 acres for 410,000 sq ft 10 acres
for 120,000 sq ft
Littlebrook, Dartford
124 acres for 2 million sq ft
Alpha Park, Southampton
Speculative 150,000 sq ft
Developing across the UK BERICOTE
Current Littlebrook, Dartford
Projects
• 124 acre prime strategic site for over 2million • £25 million demolition and infrastructure
sq ft of distribution development phase on site
• Strategic masterplanning and planning • Joint venture with TRITAX Big Box
application under way
Developing across the UK BERICOTE
Current Littlebrook, Dartford - Phase 1
Projects
•Detailed planning consent granted for
450,000 sq ft on 29 acres
• Cross docked building
• 21m clear internal height
• Site is development ready
• Build to suit delivery period of 40 weeks
• Currently under construction and PC in July 2021
Developing across the UK BERICOTE
Current Littlebrook, Dartford - Phase 2
Projects
• Planning consent for 2,316,251 sq ft over • Working for BREEAM ‘Excellent’ rating
45-acres
• Cross docked building
• Four-storey warehouse
• £250m scheme
• 3.5MW roof solar panel system, electric
heating system, low water use and 40 • Joint venture with TRITAX Big Box
electric car-charging vehicle spaces
Developing across the UK BERICOTE
Recent Alpha Park, Southampton
Projects
• Alpha Park is a new industrial and distribution • The development has been built in partnership with
development scheme on School Lane, Chandlers BlackRock
Ford • Unit 1 prelet to DX Services on behalf of Ikea
• Bericote have speculatively developed 3 units • Unit 2 let to Charles Kendal Freight
totalling 150,000 sq ft
• Unit 3 let to DHL
• Junctions 13 and 12 M3 are close by and the site is
situated in an established commercial and
distribution location
Developing across the UK BERICOTE
Recent Amazon - St Helens
Projects
• 360,000 sq ft turnkey unit for Amazon • In partnership with St Helens Council and
Funded by Tritax Big Box
• 90 acres close to J23 of the M6
• 7 acre woodland created for community and
• £40m sortation centre commenced on site estate amenity
with infrastructure works in September
2018 and completed in July 2019 with a • Building completed July 2019
shared design and construction team
Developing across the UK BERICOTE
Recent Kellogg’s - St Helens
Projects
• Speculatively built state of the art 525,600 sq ft • Within 6 months of PC, the building was let to
cross docked distribution facility Kellogg’s as a warehouse for their Pringles and
cereal brands
• North West’s largest speculatively built
development • Bericote were further appointed to undertake
Kellogg’s £5m fit-out
• 290kWp Solar PV system installed PV panels
are installed on the roof • Funded in partnership with Hillwood
• 7 acre woodland created for community and • Investment sold to Ginkgo Asset Management
estate amenity
• New major highways access completed
August 2019
Developing across the UK BERICOTERecent Four Ashes, Wolverhampton
Projects
• 70 acres with detailed planning consent 1,100,000 sq ft.
• 545,000 sq ft pre letting to global automotive components supplier, Gestamp
• 37,900 sq ft let to Haulotte
Developing across the UK BERICOTERecent Rolls Royce - Bognor Regis
Projects
• 410,000 sq ft distribution facility to serve car • Secured project through a competitive tender
manufacturing at HQ in Goodwood with six other developers
• Phase 1 handed over on 1st September 2015 • Funded by TRITAX Big Box
Phase 2 handed over on 1 st February 2016
• 110,000 sq ft extension completed October
2017
Developing across the UK BERICOTERecent Tower Thurrock - London
Projects
• Tower Thurrock is a new industrial and distribution include CO-OP, Royal Mail and Thurrock Trade
development scheme fronting Oliver Road (A126). Park is opposite.
• Junctions 31 and 30 M25 are close by and the site • Bericote have speculatively developed
is situated in an established commercial and 300,000 sq ft in 3 units.
distribution location.
• The scheme is now fully let to EBB, Amazon and
• Occupiers already established on Oliver Road CO-OP.
Developing across the UK BERICOTERecent ASDA/DHL - Birmingham
Projects • Working in partnership with ASDA, we acquired 15 • ASDA’s internet fulfilment centre was completed in
acres in a prime Birmingham location, where ASDA December 2015.
only required 8 acres.
• Bericote retained the remainder of the site and
• Bericote committed to purchase the whole site have speculatively developed and pre let a
unconditionally to allow the ASDA development to 103,000 sq ft unit to DHL Express Parcel Delivery.
proceed.
• Bericote funded and secured detailed planning
consent prior to exchange of contracts.
Developing across the UK BERICOTERecent ASDA - Omega Warrington
Projects
• 410,000 sq ft fully automated distribution
centre on 30 acres
• Worked closely with Warrington Borough
Council and HCA to secure planning consent
• £100m project
Developing across the UK BERICOTERecent ASDA - Bristol
Projects
• 620,000 sq ft chilled distribution and service centre
• Former Solvay Works, Avonmouth, Bristol
• Project Cost: £75 million
• BREEAM Excellent
Developing across the UK BERICOTERecent Heathrow - London
Projects
• Bericote recently acquired 10 acres in sought after
Heathrow. The high value purchase was exchanged
in 4 weeks
• We delivered a new 120,000 sq ft Dot Com facility
for ASDA with an end value of £25 million
Developing across the UK BERICOTERecent ASDA - Rochdale
Projects
• 633,000 sq ft chilled distribution centre on 44 acres
• Acquired site, secured planning consent and procured build
• £72m project
Developing across the UK BERICOTERecent Sainsbury’s - Charlton
Projects
• 250,000 sq ft food distribution centre for
Sainsbury’s
• Involved the renegotiation of existing long
lease terms to enable the redevelopment
• £30m project
Developing across the UK BERICOTEBericote Properties Ltd
8 Tottenham Mews
London
W1T 4AE
Telephone: 0207 409 1544
8 Hamilton Terrace,
Leamington Spa,
Warwickshire
CV32 4LY
Telephone: 01926 315 615
www.bericoteproperties.com
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