CEG has instructed a £2 million construction contract to deliver highway infrastructure works which will facilitate the next phase of development at the Vesuvius development in Worksop.
The latest works will include an extension of the existing spine road, construction of a new roundabout and connections to all utilities. As well as providing access for the local bus service into the site, this will release the remaining sixteen acres of development land.
As a result, a deal has been secured for an acre of land to Admirals Yard Self Storage which will deliver a new secure storage facility.
Rob Sadler from Admirals Yard said: “Admirals Yard Self Storage is pleased to announce plans for a new personal and business storage facility on land adjacent to Asda and the new Fire Station.”
Antonia Martin Wright, Director of Commercial Development at CEG, said: “The quality of the first phase has ensured this is the prime industrial and business location in Worksop.
“This latest phase of infrastructure work will provide serviced land for development and I’m pleased to welcome Admirals Yard Self Storage to the site. We are marketing design and build development opportunities from 10,000 sq ft upwards and welcoming engagement from occupiers on all commercial basis.”
The 20-week programme of works will commence in January and will be delivered by Caddick Civil Engineering.
DTRE and FHP have been appointed as agents to market the site.
Rob Kos, Associate Partner at DTRE, said: “This latest phase of works continues to demonstrate CEG’s commitment to the scheme and by spring next year there will be two serviced and development-ready plots for local businesses.
“We are currently having a number of positive conversations with occupiers and purchasers alike and as there is such a shortage of well-located supply we expect to announce more deals imminently.”
Vesuvius is CEG’s regeneration of a 45-acre brownfield site close to the M1 and A1(M).
A 70,000 sq ft ASDA food store opened in 2020, followed by Travis Perkins and Nottinghamshire Fire and Rescue’s £3.4m new fire station.
CEG speculatively delivered the first phase of 16 light industrial units in summer 2021. These were let to a range of occupiers including Kitchen Craft, Escape Hot Tubs, Rother Valley Optics, electric vehicle charging specialist PowerPoint and Shark Eye’s research and design centre.
There are also three food and beverage units at the site, including Burger King.
