Glenmore Group, the landlord and developer of Glenmore Business Park, Chichester is set to expand its scheme after the success of its 37 new units built last year.
Each of the units, which were completed only six months ago have now been sold or leased (by commercial property firm Lambert Smith Hampton). A few companies have recently taken larger units on the business park include indoor trampolining company Flip Out (22,610 sq ft) and online booksellers World of Books (10,000 sq ft). The smaller units will be occupied by local businesses or are investment purchases which will be rented out.
Due to this initial overwhelming success, Glenmore has now secured planning permission for phase two – which will see 40 further small industrial units, varying in size from 900 sq ft to 2,025 sq ft. There will also be two larger units (10,870 sq ft and 22,534 sq ft) and a terrace of three units comprising a total of 15,792 sq ft.
Daniel Rubin, Managing Director at Glenmore Group, said: “I am delighted with the success of Glenmore Business Park, which is clearly meeting a need for good quality business accommodation in and around Chichester.
“We are now working on getting under way with the second phase of development which will go further to meet the demands of local businesses.”
Caroline Wood, Director of the Coastal West Sussex Partnership added: “Glenmore’s sales and acquisition director, Tony Morpeth spoke at a recent business meeting and the audience were hugely impressed at the level of demand he’d seen for the units which were clearly filling a need for new, high quality commercial space in the area.
“Glenmore is possibly the only speculative commercial development of its kind currently being built in our area; there’s clearly strong local demand so lets hope other developments can be delivered across the coastal area to meet that demand”
Plans for phase two can be viewed here http://glenmore-group.co.uk/commercial/.