A planning application has been submitted to South Kesteven District Council for a new enterprise village in Grantham.
Proposals, lodged by applicants Haywood Estates (Lincolnshire) Ltd would, if approved, see the village constructed 1.5 millions south of the town centre, alongside the new bypass between A1 Great North Road and the B1174 Spittlegate Level.
New freehold commercial building plots of approximately 15 workspace units totalling 4400 sq.m. would be available to small businesses, valued between £55,000 and £190,000.
Developers have ambitions to begin preparation on the site towards the end of 2017, with the site ready for clients to commence their own construction projects in the spring of 2018.
Haywood Estates specialises in the development of business parks and has completed successful ventures in the Midlands, southern England and Wales.
The company says their own research has proved that the scarcity of freehold commercial building land in various parts of the East Midlands, available at a size and budget that small businesses can afford, is stifling the growth of dynamic entrepreneurial businesses.
Roy Haywood, Chief Executive of Haywood Estates said: “Our approach is different to most developers. We acquire the land and gain planning consent, then develop all of the infrastructure for the Enterprise Village.
“This includes creating estate access roads and installing all of the mains services – electricity, water, sewerage, land drainage, telecommunications, street lighting, landscaping of the general areas, pedestrian pathways and estate signage.
“We then offer individual freehold commercial building plots for sale within the Enterprise Village, which are suitable for construction of new factories, offices and workshops.
“This method of development reduces the costs for small businesses, provides a professional and attractive location and makes the whole process less daunting for them.
“Business owners would much prefer to invest in their own land and property, rather than pay rent to a landlord over an extensive period, and be able to design a building that will better suit their current and future operational needs.”
Executive Lincolnshire county councillor for Economy and Place Colin Davie said: “We welcome the planned investment by Haywood Estates in new business units for Grantham.
“Their project is one which we have tracked with interest since we introduced them to Lincolnshire’s investment opportunities some two years ago at MIPIM.
“We believe that their proposed construction of approximately 15 workspace units totalling 4400 sq.m. will have significant benefits for the county not least in that the units are expected to support up to 100 new jobs”.
Anyone interested in discussing the freehold purchase opportunities at the Enterprise Village site and wishing to meet the developers is invited to contact Andrew Coupe at Haywood Estates on 07530 [email protected]