Work to start in summer on business park

WORK could start on a business park outside Stoney Stanton this summer.

The range of units, off Huncote Road, would vary in size from 2,300 square feet to up to 20,000 square feet, available to purchase or rent.

Developer CWC Group hopes to start works early in summer 2020, once detailed planning consent is in place, with completion of the scheme set for the first quarter of 2021.

Property consultants FHP said the development will provide much needed space for local and regional occupiers to expand into and offer a rare chance for them to purchase or rent their own building.

Tim Gilbertson, of FHP, said: “The M69 Corridor, Hinckley and surrounding areas and indeed South Leicester have been crying out for new development for some time.

“Whilst much of the stock built around Hinckley in recent years has been targeted at major distribution companies, this scheme is ideal for expanding local occupiers as we can offer a range of buildings from as little as 2,300 square feet upwards.

“The key benefit as well is that all will be available to buy or rent.

“We know where we have seen clients create similar schemes in Leicestershire how strong demand is and we so reason why

Stoney Stanton Business Park should not be a great success.”

James Richards, development director at CWC Group, said: “Hopefully this will be of great benefit to the local economy as we know that businesses have been starved of opportunities to buy and rent warehouse and production space in the region for many years.”

The retail park would be a short drive from the M69, with a site on the other side of the motorway earmarked for the Hinckley National Rail Freight Interchange, a complex of 1,500,000 sq ft of warehouses.

The 440-acre industrial park is planned for an area of land between the Leicester to Birmingham railway line and the M69, with the site to be serviced by a new sliproad at Junction 2.

Developer DB Symmetry recently held a second round of informal consultations in the area, looking at options to ease the traffic impact of the hub.

These included creating a road through the site and a bypass road, which would either go between Stoney Stanton and Sapcote, from Stanton Lane to Broughton Road, or south of Sapcote from Hinckley Road to Sharnford Road.

The rail hub plans have attracted widespread criticism from district and parish councillors in the area.