Wed, 05 Feb 2020 | COMMERCIAL PROPERTY
Developer Stirlin has submitted plans for a major employment site near Lincoln, which could create over 400 new construction jobs.
Stirlin, who have partnered with Castle Square Securities to deliver the project, has requested outline planning permission from West Lindsey District Council.
The development is the 20-acre Enterprise West Lindsey site near Saxilby, Lincolnshire and could create new office, research and development, general industrial and distribution jobs.
Along with Castle Square Securities, Stirlin is working with chartered surveyor Banks Long & Co to market the opportunities the site will provide.
James Kirby, Managing Director of Stirlin, said: "This exciting project has the potential to accommodate more than 200,000 sq ft of new commercial space and support over 400 jobs and it will help to support the continued growth of the economy in Greater Lincoln.”
Kirby said that Stirlin hoped for planning permission to be in place by mid-summer, with works starting later this year, and added: "The site can accommodate a broad range of requirements and meet the needs of businesses looking for 3,000 sq ft to 40,000 sq ft of accommodation. It will offer occupiers freehold and leasehold buildings, including light industrial, hybrid and office units.”
"The past 12 months have been spent commissioning a full suite of surveys, investigation, reports and designs, so that the development partnership fully understands the site and has been able to produce a plan for the development which best marries employment use with the protection of the natural environment."
George Lockwood, Director at Castle Square Securities, meanwhile, said the “site ticks all the boxes for success”, citing its access to the A57, A1, A46 and wider East Midlands.
Lewis Cove of Banks Long & Co said that the development could provide a further 10 years of extra building development in the area.
Specialises in the initial recovery and drying out of water damaged buildings, as well as offering mould remediation services. Offers 24-hour call outs and emergency response services.
LEASEHOLD
Consolidated turnover in excess of £8.1m in the last financial year. The business is well-known within its sector as a dedicated building services contractor and maintenance specialist which has an established reputation for providing high-quality me...
FREEHOLD
Current work pipeline has been valued at £2m, and its pipeline of future work holds a value of £910k. Provides a range of groundworks services for direct clients and major contractors throughout the Midlands.
RELOCATABLE
|
09
|
|
Dec
|
Vertu acquires premier car outlets at 6.8x EBITDA | BUSINESS SALE
Motor retailer Vertu has acquired premier car firm Helston G...
|
08
|
|
Dec
|
Firm targeting support services acquisitions raises £134m war chest | BUSINESS NEWS
Private equity investor Aliter Capital has raised £134...
|
07
|
|
Dec
|
Assets up for sale as surveillance tech manufacturer enters administration | ADMINISTRATION
Surveillance technology manufacturers Seven Technologies Gro...
Sign up to receive our acquisition alert emails to get your FREE guide
|
23
|
|
Apr
|
Caledonian Marts bought out of administration | BUSINESS SALE
A distressed livestock market business has been bought out o...
Business Sale Report is your complete solution to finding great acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources