An enormous new business park is to be built on the edge of Plymouth just metres from one of the region’s main road arteries.
Plans have been given the go ahead for the gigantic Sherford Business Park to be constructed close to the A3 Devon Expressway.
Sherford Business Park Plymouth will eventually provide up to 500,000sq ft of flexible space for businesses to expand into and is expected to become one of the South West’s most innovative business hubs, with the capacity to support digital and high-tech companies.
Businesses will be able to create scalable and flexible workspaces to suit their needs. The overall site, which is next to the , covers 33- acres of privately-owned land and is part of the region’s largest mixed-use community.
It is predicted that those in the industrial, maritime, manufacturing, technology, advanced engineering, and distribution industries will be particularly attracted to the development, as well as those looking for offices, leisure and recreation facilities.
That is because the outline plan also envisage a 7.48-acre retail park containing a 29,750sq ft leisure complex, two drive-thru restaurants, another drive-thru, a pub and a 100-bed hotel. There would also be more than 300 parking spaces.
The retail park would sit next to the park-and-ride and the two business park areas, one containing 10 large units, the other 10 smaller units, and 14 blocks of offices.
The area has been chosen for a transport hub because it will link the new town at Sherford, and these new retail and business facilities, directly with the Devon Expressway, and thereby link Plymouth to the South Hams, Cornwall and Exeter, bringing a potential economic windfall to the city.
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The Sherford Consortium, which is masterminding construction of the gigantic new town, said the park-and-ride will provide public transport links for workers, customers, and visitors to the mammoth business and retail parks, which have just received outline planning consent.
It is expected the overall park will bring huge opportunities for business growth and jobs to the city, and it is already attracting interest.
It could even be ready in a year, once it gets all the planning consents it needs.
Sherford is an award-winning new town being brought to fruition 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.
Commercial agents, JLL and Monk & Partners are marketing the business and leisure units.
Sherford will eventually have 5,500 homes in three distinct neighbourhoods, four schools, community and leisure facilities, shops, businesses, abundant green space.
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.
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“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.”