A BLACK Country property company says building work on its new speculative development at its flagship Pensnett Estate in Kingswinford is progressing well - with parts set to be ready for occupation two months ahead of schedule.

London & Cambridge Properties (LCP) is building Prime Point - a 130,000 sq ft development of four industrial and warehouse units on the estate off Dudley Road.

Work got underway towards the end of last year and LCP bosses say the development is steaming ahead of schedule with buildings A and B set to be ready by August.

Roofs and cladding have already been installed on the first two buildings at Prime Point.

Preparation works to the floor and yard are also progressing, while concrete works have got underway on building one - with concrete works for building two scheduled to start at the beginning of next month.

Andrew Preston, industrial portfolio manager of LCP, said: “We are pleased with progress and the contractors are well ahead of schedule, which is good news. The first two buildings are looking great and we have already being showing potential occupiers around.

“We are offering units of between 10,000 and 40,000 sq ft, of which there is a particular shortage, and we are working with our appointed agents, Bulleys and Lambert Smith Hampton, to attract new businesses to the area.”

Really Useful Products, which manufactures storage boxes for business and home, has already signed a deal to move to a 31,000 sq ft unit on part of Prime Point.

The Black Country Local Enterprise Partnership has been supporting LCP with the new development which comes three years after the property company invested £1.5 million in Progress Point, a speculative development on The Pensnett Estate comprising 21,000 sq ft of high quality warehouse and industrial space.