Lindum has handed over keys to a new development of 15 commercial units in North Hykeham.
The £2.2 million Discovery Court development is suitable for new enterprises or existing businesses looking to expand.
It is North Kesteven District Council’s latest commercial property development and is in a prime position being within the existing Discovery Park development on Whisby Road, off the A46.
Lindum Group has built Discovery Court to a high specification, and on completion of the build work formally handed over the site to North Kesteven District Council last week. The Council will now continue work to secure tenants for the units together with its agent for the scheme, Banks Long & Co.
Tenants will then fit out units to their needs and start trading from the site when ready, with the Council and Banks Long & Co on hand to assist during the tenancy arrangement and sign up process and guidance from the Council’s business support adviser Phil Means.
So far six potential tenants have firm interest in units, with contracts and other application arrangements in progress currently.
Leader of North Kesteven District Council Councillor Richard Wright said: “It’s fantastic to see these high quality commercial units now built after breaking ground in June last year with Lindum, knowing they’ve been constructed especially to support the new and growing businesses which make our economy so strong, successful and varied in North Kesteven.
“We believe in the will and determination of local businesses, and so throughout the pandemic we’ve focused on bringing forward investment and new schemes which will allow them to grow and in turn benefit our wider communities.
“I’m pleased to say we’ve received interest in a number of the units with more enquiries expected through our agents Banks Long & Co. We can’t wait to announce further news as soon as we can.”
Lindum Group director Edward Chambers said: “Handover of these units marks the successful completion of years of work by numerous divisions within Lindum Group.
“Our Joint Venture team worked with NKDC to bring forward this site as a potential location for its next development of business units. Our design team then assisted with drawing up a suitable planning application and, once permission was granted, our Plant, Waste, KGM roofing and cladding and BMS divisions carried out construction.
“The project progressed well despite the challenges posed by Covid and, as a local construction company, we are delighted that almost all of our subcontractors came from within a few miles of site.
“We are happy to see the keys handed over and look forward to Discovery Court developing into a thriving hub for local business.”
The range of interest and enquiries for Discovery Court is encouraging, following the long and sustained impact of the pandemic on many businesses.
Banks Long & Co Director William Wall said: “It’s good to be working with the North Kesteven District Council as managing agents for this scheme, building on the success at the Council’s nearby Blackwood Court scheme of grow-on business units and helping businesses to flourish post-lockdown together.
“We’ve already had a number of parties commit to the first units with several others to follow, and look forward to sharing further updates.”