The company behind the final phase of a Derbyshire town’s new business park set to create hundreds of jobs says it already has two “national” companies lined up to move in.
Last month, PMW Property received permission to create 10 commercial units on a 3.5-acre site at Tetron Point, Swadlincote.
The Ashbourne-based developer said that, as well as lining up occupants for two of the units, it has received “a great deal of interest” in the remaining eight.
When full, the new development, bordered by William Nadin Way and Cadeley Hill Road, is expected to employ hundreds of people.
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PMW Property boss Mike Wrigley said: “We have already completed pre-development deals with two major national companies who are looking for long-term commitments in Swadlincote. There has been a great deal of interest in the remaining eight units.”
South Derbyshire District Council has approved the plans, submitted on behalf of PMW by architects Isherwood McCann.
The new building will be sited near to Bison Manufacturing
It will be a 4,500 square metre building, which will be divided up into 10 units ranging in size from 374 square metres to 520 square metres, for light and general industrial usage and storage.
The site is opposite to the PMW-owned Optimum Business Park, which is home to a range of serviced offices.
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Mr Wrigley said: “South Derbyshire is a location where we have been keen to acquire sites for a long time. We are very much looking forward to working in the area.
“This will be an important development for the economic growth of Swadlincote, complementing the existing businesses in the area.
The new building has been designed in a sympathetic way, according to the architects
“We have gone out to tender for the construction phase and, subject to conditions, we expect work to begin on site in October of this year.”
The developer said that landscaping and trees around the perimeter will reduce the visual impact of the development which is inside the National Forest.
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The external finishes will ensure that the building and site are “of a high quality”, contemporary appearance with timber cladding sympathetic to the local environment, and will enhance the site as a whole.
Bosses said Tetron Park is an ideal site as it is situated close to town centre amenities and is close to the A444 trunk road offering access to Burton and Ashby together with major road links along the A42/M42 and the A38.
PMW Property has appointed joint agents to market the new units. Phil Randle, of Salloways Property Consultants, and Tim Gilbertson, of FHP Property Consultants, with both having extensive knowledge of the area.
Source: Derby Telegraph