Work will soon begin on the first phase of the 30-acre Eden Business Park near Malton, which is set to create around 600 jobs in the area.
The first phase of the multi-million pound business park, will comprise two terraces of 20,000 sq ft each, with four units of 5.000 sq ft and two units of 10,000 sq ft.
The units will be ready for occupation, on a freehold or leasehold basis, from February 2019.
Yorkshire-based developers CDP Marshalls are confident that the business park will prove popular, fulfilling a pent-up demand for industrial units with offices.
Miles Lawrence, director of York-based property consultants Lawrence Hannah, who are marketing Eden Business Park, said: “This is a very important development for the Malton area. It is providing six high-quality industrial warehouses, with office space, in a superb location, with easy access to York, the East Coast and to Yorkshire’s excellent motorway network.
“Importantly, it is just a mile north of Malton, a flourishing market town, which has reinvented itself as the food capital of North Yorkshire. There is no doubt that these units could provide much-needed accommodation for food processing, food distribution and farm-related enterprises. They will complement Malton’s thriving food and agriculture sector perfectly. Having said that, all types of occupiers are welcome.
“It is significant that this site has been promoted as a FEZ (Food Enterprise Zone) which speeds up delivery, now planning has already been secured, and may help secure grant opportunities for the appropriate business users to assist with their internal fit-outs,” said Mr Lawrence. “This is the only Food Enterprise Zone in Yorkshire.”
The business park will feature infrastructure works such as access roads and a roundabout already in place. These works have been part funded by a £2.1m grant through the Local Growth Fund.
The grant was awarded by the York, North Yorkshire and East Riding Local Enterprise Partnership (LEP) after a bid was put forward by CDP and Ryedale District Council.
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