New Telford industrial units set to create scores of jobs
Numerous inquiries have been for two brand new business units which are expected to create scores of jobs in Telford.
Work has started on building the new 30,000 sq ft and 17,000 sq ft units on the Telford 54 Business Park (T54), which is already home to some of the region’s most notable firms.
T54 was launched in response to the high demand for space in the area, using land sold on behalf of Homes England to create jobs.
Current occupiers include Jaguar Land Rover supplier Cosma Castings UK, machine tool specialist AXYZ Automation, international plastic parts manufacturer Polytec, oil mist removal machine specialists Filtermist, and industrial measurement experts Torus.
Councillor Lee Carter, Telford & Wrekin Council’s cabinet member for economic development, said the units would help create more jobs for the borough.
He said: “This is a case of the council providing speculative units to cater for high demand in the market.
“All our units are fully let and there is a lack of this type of stock in the borough, so it makes sense for us to step in where developers are reluctant or unable to do so.
“T54 is in a great location, well-positioned for Telford’s excellent transport links and only a few miles along the M54 from the Jaguar Land Rover plant at i54.”
Councillor Carter explained that T54 resulted from the council’s unique Land Deal partnership with Homes England and the Marches Local Enterprise Partnership.
He added: “This has seen industrial sites owned by Homes England developed by the council, with infrastructure being installed so the sites are ready to be occupied."
The contractors, Morris Properties, started on site this autumn and the construction is scheduled to be finished in the spring of 2019.
Property consultancy Bulleys Bradbury has revealed they are already experiencing strong demand for the new units.
Rod Spiby, director of Bulleys Bradbury, said: “We’re delighted to be marketing these speculatively built units jointly with Telford & Wrekin Council.
“The sales of land for owner-occupiers at T54 has gone exceptionally well and these two brand new units are being constructed on the last currently available plot.
“At a time when the availability of new and modern industrial premises in the Telford area is at an all-time low, they will provide much-needed high quality space that will allow businesses to expand into, potentially creating scores of new jobs.
“We’re already handling numerous enquiries about the new units and expect them to be quickly let and occupied as soon as they are available next year.”
Any businesses interested in T54 can request more details from Bulleys Bradbury on 01902 713333.