Riverside Business Park gets planning approval
Riverside Bourne industrial units get green light
Press release issued 24th July 2019
A new industrial development at The Slipe off Cherry Holt Road in Bourne has been given the go-ahead from SKDC Planning Committee.
The development known as Riverside Business Park offers a range of premises for start-up businesses and more established companies, with a mix of smaller units available for let and larger serviced plots offered for sale. SKDC’s Planning Committee agreed the scheme which is likely to break ground in 2020.
The site, located adjacent to Bourne’s existing industrial area, is being developed by Workplace Property Ltd – the company behind the successful King Street Industrial Estate in Langtoft – with the scheme designed by local architects’ practice Harris McCormack.
“We are delighted to have achieved outline consent from the committee today. There is high demand in Bourne for industrial space generally, and for grow-on plots specifically. Our development has been designed to support this growth and encourage the expansion of local businesses. It has been very satisfying to witness the success of our tenants at King Street, but frustrating to see them sometimes leave the district for lack of larger premises. Riverside Business Park will address this need, help keep Bourne businesses in Bourne and support a vibrant community in which more residents can live and work.”
Dan Hiblin, Director
Jon Hinde, Head of Economy and Skills at InvestSK, South Kesteven’s economic growth and regeneration company, said: “Over the next 20 years, South Kesteven aims to grow its local economy by an additional £1.2 billion, build 14,000 new homes and create 10,000 more jobs. Today’s decision is an important milestone in bringing forward much-needed employment land to enable local companies to expand in the district and contribute to our ambitious plans for economic growth. This new development in Bourne will help to serve the increasing need for grow-on space (between 5,000 and 15,000 sq. ft) to allow our growing businesses to expand beyond small starter units and stay in South Kesteven.”
King Street Industrial Estate in Langtoft has enjoyed 100% occupancy levels over the last five years and 95% over the last 10 years. At any one time, InvestSK is aware of a dozen businesses struggling to find suitable grow-on space within a 10-mile radius of Bourne, with many businesses expressing an interest in the site.
If you are a business interested in either the leasehold units or freehold plots at Riverside, you can get in touch direct with Dan Hiblin at Workplace Property Ltd by emailing [email protected]. More details of the site will be launched over the coming months on the company’s website.
