Commercial property developer, Stirlin, has announced a new site investment.
Stirlin has purchased 1.22 acres of land on Newark Road in Lincoln, which is situated directly adjacent to an Esso fuel station and the River Witham.
An existing planning application has been approved for 8 single-storey industrial units to be constructed on the site, which range in size from 1,000 sq ft up to 3,100 sq ft.
The site can also accommodate bespoke design and build opportunities of up to 15,000 sq ft, which will be offered by Stirlin on a long-term lease basis.
Stirlin holds a long-standing commitment in Lincolnshire; having developed over 260,000 sq ft commercial property across the county since their first development in 2007.
James Kirby, owner of Stirlin, says: “We are delighted to invest in another site in Lincoln. We have been aware of the site on Newark Road for many years, so were pleased when it became available. The site has a tremendous amount of potential and will greatly benefit from a complete regeneration.
“With its excellent access to Lincoln City Centre and the A46, the development will act as the perfect base for a variety of local and national business.”
Jamie Thorpe, chartered surveyor at Pygott & Crone, says: “It’s fantastic to see Stirlin going from strength to strength as they continue to acquire new sites across the region to deliver their high-quality brand of commercial units. They have been a key player in developing much needed business space throughout the city, providing accommodation that helps local businesses grow and supports economic growth in the area.
“The most recent acquisition at Newark Road is no different, a rundown site that is in desperate need of redevelopment. Situated in a central position, the site location is expected to be very sought after. We encourage all interested businesses to get in touch to discuss their requirements.”