The Proposed Employment Land

A new lease of life for the Wolf Business Park

The Wolf Business Park is currently in a poor state of repair. The existing buildings are effectively coming to the end of their habitable state and therefore are not fit for purpose in terms of modern employment requirements. The buildings also contain significant areas of asbestos, which makes refurbishment unviable due to the costs associated with such remediation.

The owners of the trading estate, the Wolf Family, live nearby and have sought for many years to find a solution that will allow them to invest in the Estate and to reinvigorate the offering to retain current tenants and attract new ones, to secure the long term and successful operation of the business park. This has been unsuccessful without funding to upgrade the offering.

We are proposing to purchase part of the site to build the foodstore, demolish two out of three existing buildings and, through the provision of the capital receipt to the Wolf Family, facilitate the development of brand new, purpose-built business units on the site.