Funding. News. Place Projects - 17 March 2021

£198,000 boost for Eastwood thanks to new industrial units

Work has started on two new industrial units in Eastwood, as part of a £198,000 investment from Broxtowe Borough Council and D2N2 LEP via the Local Growth Fund.

 The light industrial units are being constructed at the Council owned Mushroom Farm Court site, on Meadow Bank Way and will be similar to the seven existing units on site.

The project has been co-funded by Broxtowe Borough Council with £115,000 from D2N2 LEP, from the Local Growth Fund programme. Over £1million of gross value is expected to be added over ten years.

Following a tender process, A&S Enterprises were appointed the contractor and took possession of the site in January. Once completed, the units will be the ideal premises for SMEs and offer 80m2 of affordable floorspace each.

Chair of the Jobs and Economy Committee, Councillor Tim Hallam said: “There has been a clear demand for smaller industrial space in the Borough and we already have a waiting list at our other Council owned sites so it’s fantastic to see work starting on these new units.

“Not only will they support local business, they will also create new jobs and bring in additional income for the Council to support existing services and other projects in the local area.”

Sajeeda Rose, Chief Executive at D2N2 LEP said: “We are pleased to see work starting on site at Mushroom Farm which will provide crucial support for SMEs in our area to grow and prosper”.

“Providing the right environment for SMEs is increasingly more important as they are a vital part of our local and regional economy and will play a key role in our recovery from the economic impact of the pandemic”.

It is estimated the units will be completed in June 2021, ready for immediate move in. The Council are keen to secure pre-lets for these two new units, please contact the Council’s Estates team on 0115 917 3477 or email estates@broxtowe.gov.uk for more information.

Keep up to date with all the latest news from D2N2 by signing up to our Newsletter.

Latest News & Events

19 July 2024

Local business support boosted with launch of Early Stage Angel Investment Fund

Read Article

21 June 2024

Spotlight on our Board: Scott Knowles, Chief Executive, East Midlands Chamber, on the D2N2 LEP transition and East Midlands devolution

Read Article

11 June 2024

The D2N2 LEP staff team joins the East Midlands Combined County Authority (EMCCA)

Read Article

07 June 2024

Becky Rix, Marketing Director at Roadgas, explains why Roadgas is a proud member of the East Midlands Hydrogen Consortium

Read Article

05 June 2024

Spotlight on our Board: D2N2 LEP Board Member Natasha Johnson, Director of Partnerships at Global Entrepreneurs UK

Read Article

05 June 2024

Free Expert Business Advice and Support available through East Midlands Chamber’s Accelerator Programme

Read Article

03 June 2024

Spotlight on our Board: D2N2 LEP Board Member Professor Edward Peck CBE, Vice-Chancellor and President, Nottingham Trent University

Read Article

24 May 2024

Focus on the East Midlands: our time is NOW!

Read Article

24 May 2024

D2N2 LEP CEO, Will Morlidge, shares our East Midlands Hydrogen ambitions at UKREiiF

Read Article

24 May 2024

East Midlands Freeport and Freeport East Sign Green Freight Corridor Initiative at UKREiiF

Read Article

Get in touch.

Subscribe to our newsletter

Sign up
Address

D2N2 Local Enterprise Partnership
8 Experian Way
Nottingham
Nottinghamshire
NG2 1EP

Social

Our Partners