South Street Capital’s Roseland Business Park, in Long Bennington, has been granted outline planning consent for B1, B2 & B8 uses on 22 acres of development land.
The site has the capacity to provide 400,000 sq. ft. of additional commercial space, and up to 250,000 sq. ft. in a single unit, with design and build opportunities now available.
Since the acquisition of Roseland Business Park in late 2015, South Street Capital have committed to a major investment programme, to both refurbish existing properties and bring forward design and build developments.
This investment has seen a stream of new lettings, one of the more recent accommodating the expansion of existing occupier Bennington Foods Ltd into a newly developed 30,000 sq. ft. facility, which completed in October 2019.
Emily Hanel of joint marketing agents, JLL said: “Securing outline planning consent for further B1 / B2 / B8 units is great news for Roseland Business Park. Already a highly successful development, this will allow us to offer potential occupiers additional security on delivery on a pre-let basis, alongside a faster route for delivery. With large plots now available, we are able to offer units up to 250,000 sq ft in this highly accessible and secure location.”
Helen Macrow of South Street Capital added: “I am delighted that the Local Authority has given outline consent for the expansion of Roseland Business Park, and am looking forward to being part of the next phases of development at Roseland.”