COUNCIL chiefs are in talks with two businesses over the potential sale of land at Evesham’s Vale Business Park in a deal that could be worth more than £2million.
The ten acres of land are up for grabs after councillors on Wychavon District Council’s Executive Board backed the plans to allow the two companies looking to invest in the area to buy the plots.
As well as some of the land being sold off, work began back in November to create a link road on the park to unlock about 40 acres of land in total, allowing businesses already on the site to expand and create new jobs- with funding for the work coming from the Government’s Growth Deal fund.
The potential £2million would come as a welcome boost to the council’s coffers, with the authority set to lose £900,000 in grant funding from the Government over the next three years and having to find further savings of £1million.
Phil Merrick, Head of Economy and Community Services at Wychavon District Council, said: “This employment land was unavailable as a result of a previous owner going into administration and consequently a number of business opportunities were missed.
“I am therefore delighted that our direct intervention will now help deliver new investment and jobs.
“The current construction of the road has given businesses confidence that the site can now be delivered.”