Work has started on building six new units for new or expanding businesses on the Riverside Enterprise Park at Saxilby near Lincoln.This marks the start of phase three of the development of the site.
The 5.8-acre development has been constructed by Lincoln-based firm Stirlin Developments off Skellingthorpe Road in Saxilby, and will provide commercial industrial / office premises.
West Lindsey District Council is buying 6,000sq ft of workspace to provide much-needed leasehold opportunities for business tenants. Together in partnership the council is working with Stirlin Developments, Castle Square Developments and Lambert Smith Hampton on the plans.
West Lindsey District Council leader Council Jeff Summers welcomed the start of the work. He said: “Our investment is part of our growth programme, to address the shortage of leasehold workspace premises in the district and to promote business growth in our area.
“Small businesses cannot always afford to build/purchase their own premises and the principle of developing small workspace units to accommodate new and expanding SMEs in order to generate jobs and wealth in our district is supported.
“Phase three will help increase the work opportunities for residents and provide essential work space for budding entrepreneurs to flourish and supporting other businesses to relocate.”
But the council leader urged business not to delay and to enquire about the units sooner rather than later to avoid disappointment.
He added: “Demand from businesses for the units in phase 1 and 2 have been high, due to the modern nature of the buildings and the site being located on a prime site on the Lincoln fringe and we are anticipating high demand for phase 3.”
The units range in size from approximately 750sq ft to 1,500sq ft to cater for a range of business uses at an affordable price. They are in a prominent location fronting the A57 and has good transport links to the A46 Lincoln bypass.
Further plans to open up a new Enterprise West Lindsey business park providing further managed workspace alongside design and build opportunities are also being pursued to satisfy future demand.
Matt Padley, Development Coordinator for Stirlin Developments said: “We have been developing both commercial and residential sites in the district for over 10 years, so it’s great to be able to partner with the local authority and offer these units to the leasehold market.
“The units will provide a great opportunity for small businesses and start-ups to lease high specification premises and provide a fantastic platform for these businesses to expand the services and goods they offer.”