The turf has been cut and work has commenced on an exciting and ambitious new investment that will create important new workspace in mid-Cornwall. The project will deliver a major extension to the Indian Queens Industrial Estate that will serve Cornwall’s Small and Medium sized Enterprise (SME) business community.
The development represents a significant private sector investment and is being undertaken by A30 Business Park Ltd a local based developer who have secured up to £2.8m from the European Regional Development Fund as part of the Cornwall and Isles of Scilly Growth Programme.
The project, which it is hoped will create new jobs for the area is located immediately adjacent the main A30 at Indian Queens providing excellent access to Cornwall’s major road network. It is also just 15 minutes from Cornwall airport Newquay providing links to London as well as other major cities across the UK and Europe.
The building is being constructed to BREEAM excellent standard, which means it will meet a set of tough building regulations. This includes its environmental credentials, accessibility, renewable energy use and a significant number of other criteria making it a state of the art, modern and desirable place for growing businesses to locate.
The project has a total cost of £5.78m and will provide a total of 1,719 sqm of new high quality employment space comprising five industrial/warehouse units ranging from 300 sqm to 575 sqm in size. In addition the development will provide 2.7ha of fully serviced employment land.
Russell Dodge Managing Director of Business Location Services Ltd acting as project managers for the development said, “We are extremely delighted to bring forward this development on this strategic site located immediately adjacent the main A30 in Mid Cornwall. The A30 corridor is the prime location for business location and this development will deliver a range of much needed high quality business space in Cornwall at a time when there is an acute shortage of high quality employment space in the County. In addition to the five business units the project will deliver fully serviced employment land creating the opportunity for further future phases of employment space development”.
Councillor Bob Egerton, Cornwall Council’s Portfolio Holder for Economy said, “I’m delighted to see European investment in association with private sector investment working together to create important new workspace for Cornwall. Our SME business community is essential and we must ensure there are suitable facilities for businesses with expansion ambitions to move into and grow. I look forward to seeing the first businesses move in next year.”
The workspace at the A30 Business Park will be available on a leasehold basis with the focus of which will be small and medium sized enterprise businesses. The development will be completed by Spring 2019.
For further information about the workspace at the A30 Business Park and to enquire about locating on the site, please contact Russell Dodge, Managing Director, Business Location Services Ltd on 01872-222777.
The A30 Business Park Project
Part Funded by the European Regional Development Fund