News. Place Projects - 14 December 2021

Ten new tenants secured at Vesuvius Worksop

Property investment and management company CEG has secured 10 new tenants to its multi-million speculative Vesuvius development in Worksop.

The new tenants include gym and fitness training company Crossfit Worksop and Endeavour Martial Arts, as well as retailers such as Kitchen Craft, Escape Hot Tubs and Rother Valley Optics.

It has also become a hub for auto companies from Just Tyres, DV Autos Ltd, Epic Detail and electric vehicle charging specialist Powerpoint to Shark Eye’s research and design centre.

Burger King has taken the first of three flexible food and beverage units at the site.

Glynn Davies, technical director of CrossFit Worksop, said: “We decided to move primarily because we had a growing membership, all our classes were full and we needed some extra space to increase class sizes.  The high visibility location is also helping to attract new passing trade. This looks extremely promising and with more and more of our neighbours opening up we’re super excited for the future.”

Tina Newman, head of e-commerce and marketing at Just Tyres, said: “We’re excited to add a brand new centre to our network, our aim is to provide an outstanding service to customers in Worksop, along with bringing job opportunities to the local area too. Our strong position within the industry allows us to realise continued growth while remaining focussed on offering a local service to our customers.”

Transformational project

The largest speculative development of this scale and quality in Worksop, 16 light industrial units offer flexible space from 1,200 to 5,000 sq ft. Only five units remain available, with two under offer. CEG is also set to deliver subsequent phases offering larger employment units including design and build development.

Lawrence Escott, Investment Manager from CEG said: “The development has proved incredibly successful. We only completed in August and already have ten new tenants in occupation and strong interest in the remaining five units.

“Construction is also underway with the new Nottinghamshire Fire and Rescue Station and a Travis Perkins. With such a shortage of supply of well located, flexible accommodation, we expect to announce more deals imminently.”

In 2019, supported by D2N2 Local Enterprise Partnership (LEP), CEG delivered a £5.5million package of works to create a new roundabout and access road opening up the site and making it easily accessible to the A60, A57, Worksop and its surrounds. As part of this work, the land was remediated to pave the way for redevelopment.

D2N2 LEP Interim CEO, Will Morlidge said: “It’s great to see this transformational project moving from strength to strength with ten new tenants. The regeneration of the former Vesuvius Brickworks into a thriving retail and business park is a landmark development for Worksop and the wider area, creating new jobs and supporting our collective ambitions to rebuild and grow our economy.”

Ultimately, the 425,000 sq ft of industrial development at the site will help to address identified latent and future demand for space. The comprehensive development of the site is expected to create almost 1,000 new jobs and contribute £23 million p.a. in GVA. Wider local benefits include apprenticeships, training and skills development and inward investment opportunities.

Latest News & Events

22 September 2023

D2N2 leads highly successful launch of East Midlands Hydrogen

Read Article

21 September 2023

D2N2 CEO Will Morlidge shares his thoughts on East Midlands Hydrogen

Read Article

19 September 2023

Spotlight on our D2N2 Enterprise Advisers: meet Anna Smith, Enterprise Adviser, Da Vinci Academy, Derby

Read Article

14 September 2023

Spotlight on our D2N2 Enterprise Advisers: meet Amanda Stevenson-Bate, Enterprise Adviser, Derby Moor Spencer Academy, Derby

Read Article

07 September 2023

D2N2 Cornerstone Employers discuss the Social Value Act and the importance of supporting local schools in new film

Read Article

06 September 2023

Former ‘Megawatt Valley’ to metamorphose into hydrogen heartland with the launch of East Midlands Hydrogen – the UK’s largest inland hydrogen cluster

Read Article

05 September 2023

Derby Museums publishes report revealing the impressive social impact of the Museum of Making capital project

Read Article

31 August 2023

D2N2 is seeking delivery partners for Wave 5 of Skills Bootcamps in Digital and Green Skills

Read Article

22 August 2023

D2N2 Skills Bootcamps provider Althaus Digital rated Outstanding by Ofsted

Read Article

11 August 2023

D2N2 search for service provider to establish an Early Stage Angel Investment Fund

Read Article

Get in touch.

Subscribe to get our latest updates.

Sign up
Address

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

Social

Our Partners