Works begins on 46,000 sq ft phase of north Notts scheme
Property developer CEG has appointed Harris CM to build the next phase of the multi-million pound redevelopment of the Vesuvius site in Worksop.
The Yorkshire-based construction company will move onto site this week to deliver the first phase of 46,000 sq ft of industrial and retail space next to the recently opened Asda superstore.
Providing three food and beverage units and 16 light industrial units ranging from 1,200 to 5,000 sq ft, the next phases will offer larger employment units including speculative as well as pre-let, design and build development.
The first pre-let has already been secured to Burger King with a number of other deals “well progressed” This first phase will be ready for occupation in summer.
Antonia Martin-Wright, head of investment at CEG, said: “This first phase of employment units will establish Vesuvius as the prime industrial and business location in Worksop. It will be the largest speculative scheme of this scale and quality in Worksop for many years and demonstrates CEG’s commitment to the town.
“We are encouraged by the interest in the site and with such a shortage of supply of well located, flexible accommodation we expect it to swiftly let, particularly as improved road networks and new homes are bringing more inward investing businesses into the area.”
In 2018, supported by D2N2, CEG delivered a £5.5mpackage of works to create a new roundabout and access road opening up the site and remediating it for redevelopment. Asda completed its 70,000 sq ft foodstore and petrol filling station last year creating 200 new retail jobs. CEG has planning permission for more than 200,000 sq ft of employment space on the 47.5 acre site.
Chris Proctor and Anthony Barrowcliffe from FHP and Fisher German have been appointed to market the site.