Hundreds of jobs could be created at £20m industrial development on the outskirts of Leicester

Hundreds of jobs could be created at a £20 million industrial development set to be constructed on the outskirts of Leicester.

Developer Chancerygate has gained planning permission for 15 industrial and warehousing items in South Wigston.

The 5.4-acre development web site, named Genesis Park, will be situated off Blaby Road, subsequent to an current Tesco Superstore and Lidl and Wickes shops.

The developer stated work is anticipated to start out at the finish of this month after planning approval was granted by Oadby and Wigston Borough Council.

The freehold and leasehold items will vary from round 4,800 sq ft to 18,500 sq ft and the development contract has been awarded to Halesowen-based A&H Construction.

Chancerygate has revealed that it acquired the web site, beforehand dwelling to Food Hub Leicester’s most important facility till it was demolished in 2018, from a personal vendor for £3 million.

Mark Garrity, development director and head of the agency’s Midlands workplace, stated: “Genesis Park is a prime site in South Wigston’s well-established industrial area.

“With planning now approved we’re looking forward to A&H Construction starting work to help us deliver high-quality light industrial and warehousing space to the region.

“With wonderful transport hyperlinks and shut proximity to Leicester metropolis centre, Genesis Park will fill a niche in the native marketplace for warehousing area and has the potential to create a whole lot of new jobs.

“In particular, we know there are an increasing number of businesses looking to invest in their logistics operations to help meet rising demand for rapid, last mile delivery.”

Founded in 1995, Chancerygate has as much as three million sq ft of industrial area underneath development, or prepared for development, throughout a complete of 23 websites starting from Bournemouth to Edinburgh.

Avison Young and Innes England have been appointed as brokers on the scheme.

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