Derwent Estates has secured planning permission for a new 97,100 sq ft industrial/trade park development at Lancaster Business Park on behalf of the Albert Gubay Charitable Foundation.
The development on Caton Road will comprise 10 units spread across three plots ranging in size from 1,700 sq ft to 30,000 sq ft. Planning permission has also been granted for a fourth plot, which can accommodate a 1,800 sq ft drive-thru and two drive-to retail units of 1,200 sq ft each.
Andy McCormack, senior asset manager at Derwent Estates, said: “This latest phase of our continued expansion and enhancement of the business park will see further significant investment into the scheme. Now that the scheme has planning consent, we are moving forward at pace to secure new interest and negotiate terms on existing enquiries.
“We expect to see high levels of interest for this site, which is strategically located off junction 34 of the M6 motorway and provides excellent connectivity to the north and south of Lancaster, as well as the city centre. I can also confirm that we are currently in discussions with national F&B operators for the drive-thru and retail units, which will provide much needed additional amenities for occupants of the business park, significantly enhancing its current offering.”
Avison Young and Eckersley are the retained agents for the scheme.
