Interest in taking space at what will become Guernsey Business Park on Route Militaire has exceeded expectations.
Earlier this month, RED fund, the new owners of the 14.67 acre site, launched a consultation to understand what demand there was from potential occupiers for the land zoned as a Key Industrial Area.
“Going out to establish demand before plans have been drawn up is a different approach but it made sense as the site offers such a unique opportunity for industrial occupiers in the island given its size,” said Wing Lai, associate director of Watts Property Consultants which has been appointed to collate all the expressions of interest.
“RED fund didn’t want to design a scheme that was at odds with what the island wanted and it’s been fantastic to have had so much engagement from the public and potential occupiers. We are currently reviewing the responses so far and contacting those we need to for further information so it is too early to quantify the exact level of interest.”
Under the industrial zoning, the site can be occupied by a diverse range of uses including storage, fulfilment, distribution and manufacturing. Potential occupies may include those within the construction industry (including skilled tradesmen, architects and surveyors), the creative or design sectors and IT related businesses.
“As expected, the majority of interest has come from the construction sector and there have been enquiries for both freehold and leasehold interests. There is still time for those interested in knowing more about the site to contact us and discuss their future requirements,” said Mr Lai.
The public consultation is due to end on 31 October 2019. Anyone wanting more information or to register an interest should contact Wing Lai at Watts Property Consultants on 740071 or email wing.lai@watts.property
