Work has begun on an exciting and ambitious £7.46m project to provide much needed new workspace for small and medium sized businesses in West Cornwall.
There is a growing demand for high quality employment space in Cornwall that will help to create jobs through business growth and contribute to the growth of the economy. One of the greatest areas of demand is in Cornwall’s small and medium sized enterprise (SME) business community. This project, led by locally based developer JAD Developments (Redruth) Ltd, will provide 14 new hybrid office/industrial units and up to 14 small office suites on the Hallenbeagle Trading Estate development on the Cornwall Business Park West site at Scorrier.
Located immediately adjacent the main A30 at Scorrier, the site provides excellent access to Cornwall’s main transport route as well to the towns of Redruth, Camborne, Truro, Falmouth and Newquay.
Working with property consultancy firm Business Location Services Ltd, JAD has successfully secured up to £3.47m from the European Regional Development Fund as part of the Cornwall and Isles of Scilly Growth Programme.
The buildings will be constructed to BREEAM excellent standard, which means it will meet a set of strict building regulations to ensure the development is sustainable. These include environmental credentials, accessibility, renewable energy use and a significant number of other criteria making it a state of the art, modern and desirable place for growing businesses to locate.
Russell Dodge, Managing Director of Cornwall based Business Location Services Ltd who will support the development said, “We are delighted to have secured the EU funding to deliver the first phase of the speculative units on the Cornwall Business Park and are fully committed to providing the investment in high-quality employment space, which the West Cornwall area desperately needs.”
Visiting the site Mark Duddridge, Chair of the Cornwall and Isles of Scilly Local Enterprise Board, and also the ITI Board which helps prioritise EU investment in the local economy, said, “SME businesses are a dominant feature of the Cornwall and Scilly economy and so this is an important workspace development that combines office and employment space in an accessible location, supporting local business growth and job creation.”
Sam Lockyer, Area Manager of Classic Builders, said, “It’s great to be working with local forward-thinking stakeholders such as JAD Developments to deliver high-quality new workspaces. This project is a clear statement of confidence in Cornwall and supporting local business owners. Classic Builders has grown significantly in recent years, we understand the benefits such buildings provide small businesses and the positive economic impact projects such as this have on the wider community.”
The workspace at the Hallenbeagle Trading Estate will be available on a leasehold basis and is due to be completed by June 2019.
For further information about the workspace at the A30 Business Park and to enquire about locating on the site, please contact Russell Dodge, Managing Director, Business Location Services Ltd on 01872-222777.