Lindum Group has submitted an Outline Planning Application to Newark and Sherwood Council to create an additional 450,000 sq ft floorspace of employment land at Overfield Park, Newark.
Strategically located, the serviced site benefits from access to the A1, A46 and A17, with direct access to the whole of the East Midlands and South Yorkshire, connecting the major manufacturing centres of the UK. Major conurbations of the region such as Nottingham, Derby, Leicester, Sheffield, and Lincoln can be reached within an hour, with access to over 4.9million people.
Subject to planning approval Lindum will purchase 12 acres of the land to be included in the development from Newark and Nottinghamshire Agricultural Society, providing an economic boost for the Showground and expanding the current Overfield Park development to provide future employment opportunities for the district.
A spokesperson for the Agricultural Society said: “The Newark and Nottinghamshire Agricultural Society has agreed to release an area of under-used land in the South-West corner of the Showground, which has largely been surplus to operational requirements for some time. The Society is pleased to have agreed the sale of the land to Lindum Group as an extension to the existing Overfield Business Park for the development of business and commercial units. This development will generate much needed employment and enhance economic prospects for the district in this strategic location.
“The impact on our operational activities and customers will be limited and will be readily offset using alternative arrangements. Part of the agreement will also facilitate an additional multi-mode, all-purpose entrance/exit for the Showground via Godfrey Drive (and the A17), which we are sure will be welcomed by everyone and will help with access and egress to some of the existing events held on the site and in particular assist with mitigating the occasional weekend congestion on the A46 Winthorpe roundabout.”
The application follows on from another recent application at Overfield Park for 129,000 sq ft of employment land which was submitted in July 2023 and is nearing planning determination. The combined plans highlight further significant investment in the Newark development, creating additional jobs and economic growth in the district.
Dean Bower, Senior Development Manager at Lindum Group, said: “This is a very exciting opportunity to continue expanding our Overfield Park development. This application shows the confidence in Overfield Park and its location within Newark and Sherwood District Council against an uncertain economic backdrop. This application is outline in nature to be flexible to suit occupier requirements. Across the development we can provide units from 10,000 sq ft up to large, strategic industrial and warehouse units.
“We are pleased to help generate further investment and employment opportunities in the region, whilst providing a revenue for our neighbour and local charity, Newark and Nottinghamshire Agricultural Society. Subject to planning approval we can react quickly to deliver opportunities within 12 months.
“We have already seen the success of current occupiers of the site, with John Deere, Wirtgen, and Starbucks. Not only are these successes testament to the opportunities available from this next phase, but the location of the Starbucks providing food and refreshments on site will also be of appeal to future occupiers.”
The outline approach will allow for the principles of development to be established, enabling discussions with future tenants to proceed, and final detailed proposals will be established via reserved matters applications in the future, should this outline application be granted consent.
For more information on the Overfield site, visit: www.overfieldparknewark.co.uk