Skip navigation

Gloucestershire Business News

New industrial units for Cheltenham's Enterprise Centre

Three new light industrial units have now been fully let at Enterprise Way in Cheltenham.

The new units are built to a high specification, offering industrial space with full height roller shutter doors, ultrafast broadband and dedicated parking.

This development is the second phase of construction at the centre, with the first phase built in 2008 proving very popular with tenants.

All three units have been let to a new tenant, Unique Sound Systems Ltd (USS), on a ten year lease. The units have been combined to create one single unit providing approximately 6,800 square feet.

Cllr Rowena Hay, cabinet member for finance, said: "This investment demonstrates the council's belief in the strength of Cheltenham's current and future economic prospects.

"USS are a great fit for the business park and we're pleased to have been able to help another successful local company to stay in Cheltenham and expand their business.

"We've worked with local construction company EG Carter and Co Ltd for the build, keeping business local wherever possible."

Oliver Workman of THP Chartered Surveyors acted on behalf of USS to acquire the unit.

He said: "The demand for industrial property has increased over recent times, with a significant lack of modern space available in Cheltenham. I was delighted to be able to secure the units on behalf of my client who specialise in offering the very latest events equipment, and I hope this will be a perfect base to allow for the continued growth of their business."

These new units form part of the Cheltenham Borough Council's estate portfolio and the rental income goes towards the provision of local services and supports local jobs.

The council added that the development utilises land that was otherwise unused and demonstrates the commercialization of the authority and maximising the value from its commercial assets.

Related Articles

Coronavirus LIVE Updates: The latest news from across Gloucestershire on Wednesday, January 20 Image

Coronavirus LIVE Updates: The latest news from across Gloucestershire on Wednesday, January 20

The latest important news and updates from across Gloucestershire as the coronavirus crisis continues.

Engineering firm moves into new Cheltenham facility Image

Engineering firm moves into new Cheltenham facility

Steam solutions specialist TLV Euro Engineering has expanded its UK operations with the opening of a new 6,000 square feet warehousing facility in Cheltenham.

Forest Green sharing taste of matchday with Ocado link Image

Forest Green sharing taste of matchday with Ocado link

Fans may not be able to watch football at Forest Green Rovers but they are able to tuck into matchday food after the world's first vegan club joined forces with Ocado.

Chocks away as Gloucester housebuilder's latest development prepares for take off Image

Chocks away as Gloucester housebuilder's latest development prepares for take off

For aircraft enthusiasts, Court de Wyck is the perfect place to secure a new home in a location forever associated with a bygone era of British excellence in the air.

Copyright 2021 Moose Partnership Ltd. All rights reserved. Reproduction of any content is strictly forbidden without prior permission.