Thursday, July 16, 2020

Go-ahead given for multi-million pound trade park in Nottingham

A new multi-million pound trade park in Nottingham is moving forwards.

Planning permission has been approved by Gedling Borough Council for a new 53,000 sq ft trade park and an industrial unit of about 30,000 sq ft at Teal Park off the Colwick Loop Road in Netherfield.

Strong interest in the park is said to have been shown from household names.

The trade park is the next phase in proposals put forward by Warwick-based AC Lloyd Commercial, alongside Nottingham and Birmingham-based Henry Davidson Developments (HDD), for a £30 million mixed-use site.

Work began this month at the 20-acre site to construct a state-of-the-art care home for people with residential and residential dementia care needs.

LNT Care Developments is expected to complete the 66-bedroom development in February 2021 which will include a cinema, garden room, library, hairdressing salon, coffee shop and tea shop.

Mark Edwards, Managing Director of AC Lloyd Commercial, said: “Receiving planning permission from Gedling Borough Council means we can start to transform this site into a thriving community and employment area which will create employment as well as a community hub.

“The scheme will provide job opportunities at 14 units on the trade park including the larger industrial unit.

“It is great to see activity on site to signify the start of work on the care home and we are attracting interest from local, regional and national occupiers for the trade park. We are hoping to make further announcements within the next few months once contracts have been signed.”

Richard Croft, director at HDD, said: “Interest from potential occupiers has increased over the past few months which has been encouraging and we expect this interest to continue once work starts on site of the trade park.

“Commencement of the care home is fantastic news and marks the first phase of construction on this key development for the area.”

A message from the Editor:

Thank you for reading this story on our news site - please take a moment to read this important message:

As you know, our aim is to bring you, the reader, an editorially led news site and magazine but journalism costs money and we rely on advertising, print and digital revenues to help to support them.

With the Covid-19 lockdown having a major impact on our industry as a whole, the advertising revenues we normally receive, which helps us cover the cost of our journalists and this website, have been drastically affected.

As such we need your help. If you can support our news sites/magazines with either a small donation of even £1, or a subscription to our magazine, which costs just £33.60 per year, (inc p&P and mailed direct to your door) your generosity will help us weather the storm and continue in our quest to deliver quality journalism.

As a subscriber, you will have unlimited access to our web site and magazine. You'll also be offered VIP invitations to our events, preferential rates to all our awards and get access to exclusive newsletters and content.

Just click here to subscribe and in the meantime may I wish you the very best.






Latest news

Rutland retail distributor lands seven-figure finance facility

A distributor of outdoor and country clothing to retailers across the UK and Europe, has secured a seven-figure finance facility from HSBC UK to...

Property consultancy wins contract on one of the largest ever strategic water infrastructure projects

An East Midlands property consultancy has won a contract to act as land agents on one of the largest strategic water infrastructure projects the...

New Northamptonshire office for top 40 UK accounting firm

Streets Chartered Accountants, a top 40 UK accounting firm, has opened a new Northamptonshire office at the recently opened Enterprise Centre East Northants (ECEN). The...

Grimsby Future High Streets Fund bid approved for submission

Councillors have approved the submission of a major bid to Government for £25m of funding to help regenerate Grimsby town centre. The proposals have been...

Streets provide further details on Chancellor’s key announcements

Following the Chancellor’s Economic Statement last week, Streets Chartered Accountants has released a special update providing further details on the key announcements made. In particular,...

Related news

Adzooma extends free access to its platform indefinitely

Nottingham-based digital and technology platform provider, Adzooma, will be offering free access to its entire platform for all businesses. Adzooma had previously opened up free...

Rutland retail distributor lands seven-figure finance facility

A distributor of outdoor and country clothing to retailers across the UK and Europe, has secured a seven-figure finance facility from HSBC UK to...

Property consultancy wins contract on one of the largest ever strategic water infrastructure projects

An East Midlands property consultancy has won a contract to act as land agents on one of the largest strategic water infrastructure projects the...

New Northamptonshire office for top 40 UK accounting firm

Streets Chartered Accountants, a top 40 UK accounting firm, has opened a new Northamptonshire office at the recently opened Enterprise Centre East Northants (ECEN). The...

By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close