Wednesday, April 2, 2025

Rula Developments acquires 39-acre site in Bingham for new business park

Rula Developments has secured a 39-acre site in Bingham, located 8 miles east of Nottingham, from The Crown Estate to create a new business park, Bingham 46. The site has outline consent for employment uses, with plans to offer a mix of trade counters, offices, manufacturing, warehousing, general industrial, and roadside facilities.

The park will provide over 500,000 sq ft of space, with units ranging from 10,000 sq ft to 350,000 sq ft, subject to planning approval. The development will feature low site density and exceed current biodiversity net gain standards, aiming for a 15% increase. Sustainable design features include photovoltaic panels, air-source heat pumps, and energy-efficient lighting. The project will also target an A-rated EPC and BREEAM Excellent certification.

Strategically located near the A46 dual carriageway, the site benefits from strong transport links to Nottingham, Newark, Grantham, and Leicester and regular bus and train services. The masterplan includes pedestrian and cycle linkages and connections to the adjacent housing development, offering access to the town centre’s amenities.

Rula Developments is working closely with The Crown Estate on the scheme and will submit a reserved matters application soon. The development aims to attract both local and regional businesses by offering high-quality facilities and access to a skilled workforce.

Savills and M1 Agency are handling the forward letting and sale of the development, which is expected to provide significant local employment opportunities.

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