Chichester District Council leader Tony Dignum says a £2million redevelopment in an industrial estate may improve the area’s economy by attracting new employers.
Work has started on the project of six new industrial units — the second building project on the Terminus Road Industrial Estate that has been commissioned by the council to try to help boost the economy.
The industrial units are based on Plot 21, which was previously home to Goodwood Metalcraft.
The redundant building, which was no longer suitable for modern business needs, was demolished to make space for the new units, which should be completed by summer 2018.
Each unit will provide between 230 and 300 square metres of floor space, plus the potential to add a mezzanine floor, at a tenant’s discretion. There will also be the option for each business to dedicate some space to a trade counter area. It is predicted that each unit will employ around five people.
As well as encouraging business and providing new employment in the district, the scheme will also help generate rental income for the council, helping to protect key services for residents across the district.
And Mr Dignum said: “One of the key aims of this scheme is to improve the area’s economy by attracting new employers. It could also provide an opportunity for existing businesses in the area who are seeking to expand and move to new premises.
“Because the site is owned by the council, the rental income will go towards helping the council provide key services for our residents.
“This project will add to our portfolio of business accommodation, allowing us to offer a variety of options for local businesses. The new Enterprise Centre, located in Terminus Road, will offer start up business accommodation from Spring 2018, plus we also currently offer options to businesses at the Woodruff Centre in Terminus Road and the St James’ Trading Estate.”
Businesses interested in finding out more about the new units should contact the council’s estates team on 01243 534632 or by emailing [email protected]
