We are delighted to have been appointed by property development and investment company, CEG, to deliver the next phase of the multi-million pound redevelopment of the Vesuvius site in Worksop.
Harris cm started on site this month to deliver the first phase of a c.£4m, 46,000 sq ft, industrial and retail space adjacent to the recently opened Asda superstore.
Providing three flexible food and beverage units and 16 light industrial units ranging from 1,200 to 5,000 sq ft, subsequent phases will offer larger employment units including speculative as well as pre-let, design and build development.
The first pre-let has already been secured to Burger King with a number of other deals well progressed with a variety of occupiers. This first phase will be ready for occupation in summer 2021.
Antonia Martin Wright, head of investment at CEG, said: “This first phase of employment units will establish Vesuvius as the prime industrial and business location in Worksop. It will be the largest speculative scheme of this scale and quality in Worksop for many years and demonstrates CEG’s commitment to the town.
“We are encouraged by the interest in the site and with such a shortage of supply of well located, flexible accommodation we expect it to swiftly let, particularly as improved road networks and new homes are bringing more inward investing businesses into the area.”
Jason Adlam, CEO at Harris CM, said: “We are delighted to be involved in this project which demonstrates continued confidence in the Northern commercial property market in spite of the challenges posed by Covid-19 and provides employment for both our locally based site team and excellent opportunities for our regional supply chain.
Once complete, this development will represent an impressive addition to our portfolio of innovative and high-quality facilities delivered for leading companies across all sectors in recent years. We are looking forward to working with the design team which includes PRC Architecture & Planning and Adept Consulting Engineers as well as MAC Construction Consultants, who will supervise the financial control of the works.”