Mill Hill Developments Limited has submitted a planning application for a new multi-million pound commercial project at the junction of Harlaxton Road and Trent Road in Grantham. Savills is the appointed agent for the scheme.
The 4.7 acre (1.9 hectares) mixed use development site is set to comprise a petrol filling station with an associated convenience retail unit, a drive thru coffee unit and a builders merchant with yard space, alongside retail and office accommodation.
The scheme will create numerous job opportunities for the town, as well as attracting new businesses.
Victor Ktori, Head of Office at Savills Nottingham adds “This is a major development in a prime gateway location which is crucial to the town. The site provides critical mass at this important junction where we have already seen a number of recent openings including KFC, Costa Coffee and Burger King.
“The shortage of good quality stock has been instrumental to unlocking the pent up demand in Grantham, where existing firms are having to operate, in some cases, out of older properties which do not meet the needs of modern day businesses. This will also encourage inward investment, from neighbouring towns. As a result, we have already had a significant level of interest in the scheme and agreed pre-let terms with a number of occupiers”.
The scheme was designed by John Halton Design Limited with both Globe Consultants Limited and Turvey Consultancy forming part of the team.
