Westcott Venture Park has secured planning permission for a 45,000 sq ft speculative industrial development in Buckinghamshire.
Aylesbury Vale district council has approved the plan, including a first phase of 24,000 sq ft of accommodation, comprising seven units, ranging in size from 2,000 sq ft to 6,000 sq ft.
The development will be set on three acres of the 650-acre site. Construction is scheduled to begin in October 2014. Westcott Venture Park said it aims to open the new premises for occupation in spring 2015 with a view to rolling out phase two the following year.
Westcott Venture Park project manager Nigel MacKenzie said: “Rockspring is accelerating its investment in the park by developing this speculative facility to deliver much-needed premises for the business marketplace.”
The park is now home to 71 businesses employing more than 400 people and is managed by Lambert Smith Hampton.
