The Glenmore Group are set to build a major new trade park in Andover in a fresh boost for the local economy.
Regional property consultancy Myddelton & Major has been instructed to market the development, to be called Glenmore Trade Park.
The development, which is subject to planning consent, is near Tesco and Sainsbury’s supermarkets and the Enham Arch Retail Park, which is occupied by many leading national chains.
Keith Enters, senior commercial surveyor from Myddelton & Major’s Andover office, said: “This is an exciting scheme with the potential to create a substantial number of new jobs in Andover.”
“The Glenmore Group has an excellent track record in developing and operating these type of developments, which have boosted the local economy in towns across the region.”
“We have already received keen interest from a number of national trade counter brands for this exceptional development, demonstrating the demand for space of this type and quality in the area.”
He added: “The site is in a prominent location on a busy main road with the potential to substantially contribute to Andover’s future prosperity and business growth.”
The Glenmore Trade Park is planned with trade counter units ranging in size from 2,560 sq ft to 38,895 sq ft.
The Glenmore Group is a London based investment and development company which has built business parks, centres and industrial estates through the South and the Home Counties, including the Glenmore Business Park on Colebrook Way, Andover.
Myddelton & Major’s Andover office in London Street covers sales and lettings of commercial and residential property throughout the Test Valley.
Call 01264 342300 for more information.