£25m investment programme accelerated at business park

Potter Space, which owns, develops and operates five UK business parks, is continuing its planned £25m investment programme with the building of a 12,500 square foot industrial unit on its Ripon site.

The contract to build unit 52 has been awarded to York-based Lindum Group with completion planned for spring 2020.

Once built the property will have an eaves height of eight metres and include eco-friendly features such as solar panels, electric vehicle charging points and cycle parking.

Jenna Strover, head of commercial delivery at Potter Space, said: “We are getting an increasing number of enquiries for new units of this size, with good transport links, as they are under-represented in the local market.

“We have therefore decided to build it speculatively, with the potential for a customer to come on board during construction and provide input into the final design, thereby providing them with a bespoke industrial unit to meet their needs.

“We are pleased to have commissioned the Lindum Group for the project. Not only will it boost the local economy, as they are based in Elvington, but like Potter Space it is a family business with an excellent reputation.”

Lindum’s managing director, Jonathan Sizer, said he was looking forward to starting work on site.

He added: “With a build schedule of approximately five months, we will be committing ten of our team to the project, as well as working with local sub-contractors and suppliers, which is great news for the local area.

“We are delighted to be working on our first project for Potter Space, as it is a well-established, family-run business and its values and principles align well with ours.

“Potter Space has ambitious plans for the continued development of the business park, so it is great to have the opportunity to demonstrate the quality of our work, which we hope will lead to an on-going relationship, as the company continues with its dynamic plans for its business park in Ripon.”

Joint letting agents for unit 52 are Fox Lloyd Jones and Gent Visick.