Occupier discussions begin following approval of 400,000 sq ft East Yorkshire business site

The developer behind a newly approved 400,000 sq ft business site in East Yorkshire has confirmed discussions are under way with potential occupiers for the first unit. 

Lovel Developments has received interest from businesses since submitting its outline planning application, with further conversations planned with companies that expressed interest during the planning process. 

Philip Lovel, Managing Director of Lovel Developments, said work is now progressing on occupier-specific details, including access, appearance, landscaping, layout and scale. Discussions are currently taking place with one business, with the aim of starting work on their project later this year. 

He added that the wider development will provide a high-quality expansion of the existing employment area, delivering modern floorspace and creating up to 600 jobs. 

The site is located next to Junction 38 of the M62 at Newport and is close to existing business parks, including Green Park, where Lovel Developments relocated in 2019. Units on the site will be restricted to 80,000 sq ft or more and the development benefits from its own power supply, capable of serving large operators. 

Mr Lovel said the site’s size, location and availability have attracted interest at a time when nearby employment sites are almost at capacity. He noted that the development is suitable for uses including distribution, storage and light manufacturing, and presents opportunities for both local businesses looking to expand and companies considering investment in East Yorkshire. 

Councillor Anne Handley, Leader of East Riding of Yorkshire Council, said: “We’re proud to support a business-friendly environment in the East Riding, and welcome investment in our region. It is great news that businesses are interested in this site, which will play an important role in job creation and economic growth for our communities.” 

Businesses considering expansion or relocation to East Yorkshire can find out more about available sites, support and advice by visiting Invest East Yorkshire’s inward investment page: https://investeastyorkshire.co.uk/inward-investment/ 

Invest East Yorkshire and Partners Boosting East Riding High Streets

High streets across the East Riding are benefiting from a series of improvement projects delivered by Invest East Yorkshire’s Business Support Services, funded by the United Kingdom Shared Prosperity Fund (UKSPF). 

Since July 2023, the team has handled around 340 enquiries from retail businesses and delivered targeted support to strengthen local economies, increase footfall and encourage people to shop locally. 

Working with town and parish councils, community groups and independent traders, the programme has: 

• enhanced Beverley’s Independents Quarter

• launched the Love Hessle shop local campaign

• promoted independent retailers in Hornsea 

• supported Bubwith businesses during the bridge closure. 

Financial assistance has been awarded to 56 businesses, with £339,459.81 of investment provided. A further 13 town centre businesses have also benefited from grants through the Rural England Prosperity Fund (REPF). 

Councillor Anne Handley, leader of East Riding of Yorkshire Council, said: 

“We are helping our high streets to thrive by working in partnership with local councils, businesses and communities. With Small Business Saturday approaching, it is a great reminder of the importance of supporting local traders. This is about backing local enterprise and creating places where people want to spend time.” 

Further activity is planned, including a High Street Accelerator and business workshops specifically for the retail and hospitality sector. 

Invest East Yorkshire Business Support Services provide free, impartial and confidential guidance to new and established businesses in the East Riding, helping them to start, grow, access funding and specialist advice. 

Find out more at the Invest East Yorkshire website: www.investeastyorkshire.co.uk