Major new £35m plan for Lancaster business park includes 200,000sqft of industrial space, cafe, pharmacy, shop and nursery
and live on Freeview channel 276
The proposed plans will provide a further 200,000 sq ft of new speculative industrial space alongside an on-site café, pharmacy, convenience store and a nursery.
Hurstwood Holdings acquired Lune Business Park more than 15 years ago.
With planning permission expected in the first quarter of 2021, the new scheme will be developed in phases over the next four years with construction of the first phase due to start on site by spring 2021.
All works would be undertaken by Hurstwood’s in house specialist construction and development team.
Stephen Ashworth, Chairman and CEO of Hurstwood Holdings, comments: “We have spent the last few months carrying out significant demolition and remediation works on site to clear several derelict and unused buildings.
"With floorplates from 1,000 sq ft up to 100,000 sq ft available and the opportunity to design and build bespoke buildings, we believe that this will be a unique opportunity for potential tenants to expand or relocate at the established Park in the busy city of Lancaster.
“In line with our national investment programme, Hurstwood will retain full ownership and management of the entire Park going forward.”
Based in Manchester, Hurstwood Holdings is a commercial investment group with over £160m of commercial and residential assets on 100 sites nationwide housing over 750 occupier clients.