A MAJOR Evesham development which stalled during the economic slowdown in 2008 is nearing completion.
Ratio Point, part of Evesham Trade Centre on St Richard’s Road, will open its doors in April with eight small industrial units on offer.
The new scheme is well located adjacent to Evesham Trade Centre and consists of steel portal framed units under a mono pitched roof.
Each unit will be accessed via a roller shutter door for vehicles and a glazed pedestrian door, and will also benefit from a mezzanine floor part way across the unit which is ideal for the creation of office accommodation or additional storage.
Commercial property developers Chase Commercial, based in Stratford Upon Avon, confirmed five of the units have been snapped up.
Director Julian Meredith said: “We have been very encouraged by the strong level of interest and are delighted that five units are committed to small local businesses, looking to invest and secure a freehold property to further support the future growth
of their businesses.”
Richard Connolly from the appointed local agents Timothy Lea and Griffiths said the majority of interest and offers had come from local firms.
“The supply over recent years of small quality industrial units has been extremely limited, and this scheme has been long anticipated by local occupiers as is evidenced by only three units remaining before construction started on site.” he added.
Phil Merrick, Head of Community Services at Wychavon District Council said “I am absolutely delighted that Chase Commercial has now started this exciting project which is another example of the confidence in Evesham’s growing economy.
“The strong level of demand shown to date shows that Ratio Park will help meet a current gap in the local market for small business units and I am sure will play a significant role in helping these businesses to get established and grow.” he added.
Call Timothy Lea and Griffiths on 01386 765700 for more information.