Plans for a major new business park in Scunthorpe have been drawn up by Lindum Group.
Stratum Park will offer industrial and logistics build opportunities from 4000 sq ft, up to 150,000 sq ft. The proposed new business park will be strategically located at the crossroads of the A18 and M181, linking to the M180, M18, and M62.
With quick access to several major roads, the cities of Hull, Sheffield, Leeds, York, and Lincoln all fall within 90 minutes by van, reaching over eight million people. Four of the UK’s major ports will also fall within a four hour drive, including Grimsby-Immingham, the second largest port by tonnage in the UK.
Mitul Shah, Lindum Senior Development Manager, said: “We are thrilled to be at the point of marketing what is expected to be a very exciting and popular development.
“This will be a fantastic opportunity to further develop the Scunthorpe area and help to increase local employment and provide a boost to the local economy. We have strategically selected Scunthorpe for this development project, with its rich industrial history in steel manufacturing and more recently diversifying into a range of manufacturing sectors. The location is also ideal for businesses, as it sits within 25 miles of around one million economically active people and nearly 150,000 people actively seeking a job.”
The site is fully serviced, with access to water and power, meaning construction of units can begin without delay and be delivered within 12 months, subject to enquiries.
Stratum Park will border the already established Gallagher Retail Park with Tesco Extra, Aldi, TK Maxx and B&Q as occupiers. There is also an offering of a variety of fast food options, a Hungry Horse pub, and an M&S Foodhall over the road.
William Wall, Director at Eddisons incorporating Banks Long & Co, said: “The town has a wide range of thriving businesses and preliminary discussions are already ongoing with potential occupiers who are doubtless attracted by the convenient location that provides quick access to both the town centre and the M180.”
Lincolnshire Lakes is also directly adjacent to the proposed site, which is currently part of a transformative urban project. The £1.2 billion initiative aims to create several vibrant and sustainable communities by harnessing the region’s natural assets, including its network of lakes and waterways.
There are also plans for 6000 homes to be built as part of the project within the next five years. The development of Lincolnshire Lakes will significantly boost Stratum Park as a location of strategic importance within the region.
Stuart Waite, Director at Commercial Property Partners said: “We are delighted to be appointed as agents on this exciting new business park and look forward to working closely with our client and joint agents to deliver the scheme. We can accommodate a range of unit sizes and deliver to suit end users’ specific requirements on what is a very well connected site with a wealth of amenity nearby.”
For more information about the development visit stratumpark.com.