PLANS for a new business park development just minutes from the M1 at Hucknall have been given the go-ahead.
East Midlands based property developer Conder Developments Ltd, part of the CWC Group, has secured outline planning permission to build Arrow Point Park, 42,000 sq ft of industrial, warehouse and trade counter space at Annesley Road.
The development is on a 3.5 acre site close to J27 of the M1 and will provide a range of units all with self-contained yard space and parking.
Marc Ballard, director at the Nottingham office of Salloway Property Consultants who are sole agents for the development, said: "Hucknall and the surrounding area has a strong heritage of commercial and industrial enterprise but there has been little in the way of supply of commercial property space in recent years.
"We have noticed that there are local and regional companies seeking to expand and consolidate their operations and we believe that Arrow Point Park is well placed to meet these requirements."
The development is aimed at light industrial and trade counter style occupiers but could equally accommodate office requirements through a design and build service.
Conder is a long established development company with a proven track record of delivering commercial buildings to the complete satisfaction of their clients.
Requirements from 5,000 sq ft to 25,000 sq ft can be accommodated on the development, which benefits from the skilled labour pool within Hucknall and the surrounding area which supports hi-tech employers such as Rolls Royce.
Paul Shanley, MD of Conder Developments, is encouraged by the early enquiries and explained the decision to move forward with the scheme at this time.
"We feel like there is a distinct lack of stock now in the market place and a serviced scheme like Arrow Point Park is well placed to deliver prompt design and build options for occupiers," Paul said.
"We have already had several occupiers express interest in taking space at the scheme and we look forward to an active autumn marketing period."
Further details of Arrow Point Park can be found at www.salloway.com and www.arrowpointpark.co.uk and interested parties are advised to contact the Nottingham Office of Salloway Property Consultants on 0115 947 3377.