Lincolnshire County Council has successfully completed the sale of 10.16 acres of development land to expand Kirton Distribution Park.
The purchasers - Melbourne Holdings – will initially be constructing ‘Stonebridge Business Park’, a 25,000 sqft space comprising 9 new industrial units, on the land.
Cllr Colin Davie, executive councillor for economy at the county council, said:
“This sale marks an important development for the well-established Kirton Distribution Park, paving the way for the phased development that will significantly enhance the area’s economic landscape.
“As a council we have responded to a growing demand for more industrial space in the county. We’re committed to supporting businesses to start up, grow and re-locate in Lincolnshire, creating jobs, supporting local supply chains and enhancing the local economy.”
The new business park will provide much-needed sustainable, modern business space for businesses to thrive and integrate seamlessly into a well-established and vibrant business community.
The development will generate significant investment and provide essential business space, ensuring Lincolnshire remains a competitive and attractive destination for businesses looking to establish or expand their operations.
Lucie Bryant, Director at Melbourne Holdings, said: “We are delighted to further our commitment to supporting employment and industrial growth in Lincolnshire with our recent acquisition and proposed development at Kirton Distribution Park. The purchase comes after recently securing planning permission to deliver a diverse range of warehousing that will support start-ups, growing businesses, large companies and international trade in this key strategic position, reinforced by Lincolnshire County Council and Boston Borough Council.
“The units will be available off plan via our appointed agents Pygott and Crone, and we look forward to working with current and prospective requirements with design and builds opportunities being considered.”
Interested businesses can contact Jasper Caudwell of Pygott and Crone.