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08 Jun 2020

 Business boost for the South West as major new business park launches

Bringing huge opportunities for business growth and employment to the region, a major new business park is to be developed – and it is already attracting interest. Outline planning consent has been granted for Sherford Business Park Plymouth, which will provide up to half a million sq. ft of flexible space for businesses to expand and thrive.

 

A prime location in Plymouth, the site leads directly to the A38 Devon Expressway, providing easy access to major transport routes into the city, South Hams, Cornwall, Exeter and the rest of Devon. It will also benefit from a dedicated park and ride facility, providing public transport links for a local workforce, customers, and visitors.

 

It is poised to become one of the South West’s most innovative business hubs, with the capacity to support digital and high-tech businesses. It is expected that those in the industrial, maritime, manufacturing, technology, advanced engineering, and distribution industries will be particularly attracted to the state-of-the-art development, as well as those looking for premium offices, leisure and recreation facilities.

 

Businesses will be able to create scalable and flexible workspaces to suit their needs. The site covers 33-acres of privately owned land and is part of the region’s largest mixed-use community of Sherford, an award-winning new town being brought to life by the Sherford Consortium; a partnership between Taylor Wimpey and Vistry Partnerships, part of the Vistry Group – selling homes through the group’s housebuilding brands Linden Homes and Bovis Homes.

 

Represented by two renowned commercial agents, JLL and Monk & Partners, Sherford Business Park Plymouth will take an occupier-focused approach to design and development, partnering with businesses to progress plans. The skilled team behind the project can provide support through every stage of the process, all achievable within 12 months, subject to planning.

 

The location also offers businesses the opportunity to access a large, skilled local workforce of over 205,000 people of working age within 45 minutes of Sherford Business Park – as well as potentially providing homes for those looking to relocate. Sherford will eventually have 5,500 homes in three distinct neighbourhoods, four schools, community and leisure facilities, shops, businesses, abundant green space and more.

 

Ian Pugsley, Technical Director at Taylor Wimpey – part of the Sherford Consortium – said, “We are pleased to announce the arrival of Sherford Business Park and expect it to be a popular addition to the region’s business landscape, as well as being great news for the local economy. With excellent transport connections, planning consent granted, flexible space, and a host of other benefits, it is going to be a highly attractive location for businesses.

 

“We are confident that, with a skilled and driven team behind it and enquiries already coming in, that Sherford Business Park has an exciting future ahead. It is part of an exceptional development; the community of Sherford is growing and thriving. Bringing businesses and industry to the town will only make this mixed-use development even more vibrant and successful.”

 

John Slade, Monk & Partners, said: “We are delighted to have this instruction for this prestigious project and look forward to seeing Sherford Business Park Plymouth grow. This is an outstanding commercial development and it speaks volumes about its attributes that we are already in advanced discussions with prospective occupiers.”

 

Tim Western, Director at JLL, said: “Plymouth and the surrounding area has been calling for a new business park opportunity. Sherford Business Park Plymouth has exceptional accessibility to the local and regional road network benefitting future occupiers. We are excited to be part of the team that will deliver high-quality, commercial properties providing jobs and economic growth.”

 

Visit www.sherfordbusiness.co.uk for more information.

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