St. Modwen, the expert developer and regeneration specialist, has recently completed construction and hand over of nine new commercial units on site at its £150m Littlecombe mixed-use development in Dursley, Gloucestershire.
Ideal for start-ups and small business enterprises looking to rent premises close to the M5 motorway, these speculative commercial units have been developed by St. Modwen for Stroud District Council. The units offer an additional 18,350 sq ft of prime quality employment space and are available in a range of floor space, from 1,300 sq ft up to 8,600 sq ft. They join the eight fully-occupied business units already on site at Littlecombe Business Park as part of the overall provision of 100,000 sq ft of commercial premises planned for the development long-term.
Pete Davies, Development Director for St. Modwen West and Wales, explains:
“Littlecombe Business Park provides a great location for small businesses looking for premium quality commercial space close to the M5. Our development partner, Stroud District Council, decided to speculatively buy these new units to meet local business demand and attract investment to Dursley in line with its strategy for creating sustainable new communities across the district. We have completed this phase of the Littlecombe Business Park and are looking at the next stages of further expansion here.”
Cllr Diona Cornell, Leader of Stroud District Council adds:
“This is a really exciting major investment by the Council in our business community. We specifically chose the design of this new phase of smaller commercial buildings to strengthen the appeal for growing businesses looking to establish or expand in Gloucestershire. Our investment has potential to bring up to 70 more jobs to the area and we are currently talking to interested businesses about the units that are now available to rent and would welcome further enquiries.”
The wider Littlecombe development provides 92 acres of mixed-use facilities comprising 450 new homes and apartments, employment space and local job opportunities within easy reach of the M5, a community hospital and 40 acres of green open space where people can live, work and relax for generations to come.
This £150m mixed-use development is one of four key sites being developed in Gloucestershire alongside the £22m Gateway 12 commercial development at Waterwells Business Park and Quedgeley West and neighbouring Quedgeley East Business Parks at junction 12 of the M5.
Any businesses interested in renting opportunities at Littlecombe should contact Stroud District Council’s agents Ash & Co.