November 29, 2010 11.09 am This story is over 175 months old

Lincoln business park set to expand

New development: A business park is undergoing expansion due to growing business interest in Lincoln.

A Lincoln business park will expand to make more room for business growth.

North Kesteven District Council gave planning permission for Lincoln Enterprise Park, off the A46, to add four additional office units and three industrial units.

Phase Four work will begin on the five-acre development in January 2011, and provide an extra 4,388 square feet of industrial space.

Director of Lincoln Enterprise Park Nick Falkinder said: “The business park is in a perfect location for new and established businesses and we’ve been tremendously encouraged by its success so far.

“All of the units in phases one, two and thee have been sold or occupied and we’re sure that the demand is there for phase four.

“By investing in the city in this way we’re making a clear statement of confidence in Lincoln’s economy and we’re sure that there’ll be plenty of interest in the new units.”

The business park began life three years ago, and since work first started, it has become Lincoln’s leading industrial park.

Office spaces are available to buy freehold for entire units or floor by floor.

Steel-framed industrial units have brick elevations, a single loading door and office accommodation. Spaces currently cost between £152,500 and £197,000 to buy, with some spaces under offer.

Also in Lincoln is Teal Park, which is currently undergoing regeneration. The site will house various offices, shops and a hotel, as well as Siemens’ turbine department.

The entire park is set to be finished by summer 2012, with Siemens’ area being the final stage.

Source, Photo: Shooting Star