This week, Castle Group, the Lincolnshire based property developer and investor, announced practical completion of phase six at Riverside Enterprise Park.
The enterprise park, located in the North West of Lincoln near Saxilby, began its first phase of construction in 2015 with the development of six warehouse units ranging from 2,000 – 5,000 sqft. Following the success of this initial phase, a further five stages have since been completed to provide a total of 40 industrial units with a mix of warehousing and office space.
This latest sixth stage, completed by Castle Group and Lincoln developer Stirlin, has added an additional five units ranging in size from 2,000 sqft – 5,000 sqft. Each has been finished to a high specification to include a three phase electricity supply, 5m eaves height, electric sectional doors to the front and rear, ample car parking and a service yard to the rear.
The Riverside Enterprise Park has already attracted a number of high profile businesses, due to its prominent position and excellent transport links, with phase six adding more national names to the park, including O’Boyles, Agrigem and Terravesta.
George Lockwood, Director of Castle Group, commented “The completion of the Riverside Enterprise Park is great news for the local area. Beyond the significant investment that was put into this site during its construction phase, the enterprise park has now attracted new businesses to the region, each contributing to the Lincolnshire economy and now supporting over 200 jobs.”
James Kirby, owner of Stirlin Developments, said “Riverside Enterprise Park presents an attractive option for businesses looking for warehousing, office and retail space. The 7.6 acre development is situated just three miles from the Lincoln Bypass and five miles from Lincoln City Centre, providing excellent transport links. With the completion of Phase 6, we have developed over 70,000 sq ft of high-quality employment space on Riverside Enterprise Park, which has brought a great deal of business to the area.”
Sally Grindrod-Smith, Director of Planning, Regeneration and Communities for West Lindsey District Council commented “It is an exciting time for the commercial and economic growth of the area. Projects such as this often spark a catalyst for further development, which bring with it investment and much needed employment opportunities.”
For enquiries on the units available for rental or purchase please contact Commercial Property Agency Banks Long & Co.