Tuesday, April 23, 2024

Investor snaps up latest phase at Leafbridge Business Park in Lincoln

The latest phase of Lincoln business park, Leafbridge, has been snapped up by a private investor.

Located on Station Road in North Hykeham, Leafbridge Business Park is owned by Leafbridge Limited and is being developed by Lincoln contractor, Stirlin.

Stirlin has sold all 6 units off-plan in the third phase to a repeat investor client, which will all be made available to lease when they are build complete later in the year.

Construction is well underway on the new phase, which will provide over 23,000 sq ft of employment space to support the local business base.

The new units range in size from 3,000 to 5,000 sq ft, each benefiting from an electric sectional door, DDA compliant toilet facilities and ample parking.

Tony Lawton, Managing Director of Stirlin, said: “Since the first units at Leafbridge were completed in 2021, we have seen a notable demand for new employment space in this location, particularly from our database of valued investor clients.

“Leafbridge is situated in a very convenient, accessible location and is occupied by both local and national businesses, making it incredibly attractive to those seeking investment opportunities.”

Jasper Caudwell, Chartered Surveyor for the site’s agent, Pygott & Crone, said: “Leafbridge continues to perform as Lincoln’s premier business park, which is cemented by the new delivery of over 23,000 sq ft of high-spec business space on behalf of a private investor.

“The development has proven to be exceptionally popular, meeting the gap in supply of much needed business space with the first two phases experiencing strong uptake from both tenant and owner occupiers.”

Tony Lawton continued: “Designs are continually being reviewed as we plan for further development on Leafbridge, so welcome all interested investors and businesses to get in touch with our team to discuss their requirements.”

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