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Gloucestershire Business News

New business park planned for Gloucestershire

Plans for a 95,000 sq ft business park have been submitted to Tewkesbury Borough Council.

The 4.08-acre site is tucked away in a lane just off the A435 Cheltenham Road, behind GE Aviation Systems Ltd on the outskirts of Bishops Cleeve.

The site previously gained outline planning permission for the development of a Police headquarters, however this permission lapsed in 2010.

The proposed business park will provide 11 units for industrial use, storage and distribution. This includes two detached units to the south of the site and a terrace of nine units to the north, several with mezzanine floors to increase floorspace.

A report submitted as part of the application describes the site as being in an area where 'residential growth remains unmatched by economic development'.

It is not clear how many jobs the site could create.

Industrial developers Chancerygate acquired the land, as well as two other sites, through commercial property experts Colliers International in late 2018.

At the time of acquisitions, Alastair King, head of development at Chancerygate said: "These sites are all in locations where there is sustained demand for contemporary warehouse and industrial space.

"Their acquisition adds further to our development pipeline and is in line with our strategy to purchase sites in undersupplied locations and develop high-spec industrial space aligned to occupier specifications and needs."

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