August 2001
New speculative industrial development
at Sadler Park

Construction work has started on a £1/2 million, 10,000 sq ft speculative industrial/warehouse development at Sadler Park, Lincoln.

The building is being developed by Lincoln based Lindsey Securities with backing from EMDA (East Midlands Development Agency) and forms phase two of the £5 million Sadler Park complex. Construction is expected to be completed in September 2001.

"We will be offering the option of a single 10,000sq ft building or two units of 5,000 sq ft each. These are considerably larger than the majority of modern industrial units available in Lincoln and we are
hoping to attract established and growing local companies or new inward investors," said Robin Taylor of Lindsey Securities.

"The speculative nature of this development underlines the confidence the developers have in the growing Lincoln commercial market. Of particular importance in this project is the quality of this area and its close proximity to the A46 where dualling works are due to start before the end of the year which will provide a much easier link to the A1 and motorway network," said Daniel Race, partner with chartered surveyors, Hodgson Elkington who are agents for the scheme.