Plans to bring forward 350,000 sq ft of industrial space at business park

Planning has been submitted to Tewkesbury Borough Council to develop around 350,000 sq ft of new industrial/warehouse space on the remaining vacant plots of land at Gloucester Business Park.

Following public consultation, ARA Europe has applied for detailed consent for Plots 1-5 on the 276-acre site, located at Junction 11A of the M5 motorway. Plot 6 is being targeted for a cafe use via a separate full planning application, to be submitted in due course.

The park, acquired by ARA Europe, on behalf of SRE, in December 2022 already includes 522,000 sq ft of fully let office and industrial space.

It is home to occupiers including those across the energy, cybertechnology, financial services, and healthcare sectors, with the tenant line-up including EDF Energy, Ecclesiastical Insurance, GE Aviation, and Lockheed Martin.

The proposed development land has existing outline consent for employment use.

Edward Amery, asset management director at ARA Europe, said: “We have been working closely with our project team and stakeholders to propose the right development plans to continue Gloucester Business Park’s legacy as a thriving employment area in the region, and we look forward to taking our vision forward, building on the strength of the park.”

Alder King and CBRE are retained as letting agents for Gloucester Business Park. CBRE is advising as planning consultant.

ARA Europe is asset manager for SRE, retained to run Gloucester Business Park, taking forward the future development of the scheme.