The West Country Plymouth Opportunities Sherford Business Park


Already home to over 2,500 people and one of the most ambitious developments in the UK, the new town of Sherford is under construction, and is set to include Sherford Business Park. Based on the eastern edge of Plymouth, it is the ideal location for businesses looking to grow and expand, with the potential to be one of the region’s most impressive business districts.


Providing up to half a million sq. ft of flexible space with significant power supply, businesses have the ability to scale up without the constraints that a city centre location or existing business park might have. This freedom and flexibility, combined with a business-led approach to commercial space design and occupation, offers a huge amount to businesses looking to grow and thrive.


Set across 33-acres of privately owned land, it offers space that businesses can design around their unique commercial requirements. It is also well connected, with virtually immediate access onto the A38, putting Plymouth City Centre, South Hams, Cornwall, Exeter and beyond all within quick and easy reach.


Outline planning consent has already granted for B1a, B1c, B2, B8, leisure and recreation uses and there is a significant electrical power supply suited to a range of sectors. On the doorstep will be a park and ride facility, providing public transport links for a local workforce – plus sustainable links to the town, through a network of footpaths and cycleways


Part of Sherford Business Park sits within the Plymouth and South Devon Freeport zone, which has great potential to boost local trade and generate job opportunities. Freeport status can only help this area become a more appealing place to be based or do business with. The Freeport aims to supercharge the South West economy and translate into £250m in private sector investment and more than 3,500 jobs.


A unique aspect to Sherford Business Park is its proximity to the new town of Sherford, which is a £1 billion development and one of the region’s largest new sustainable mixed-use communities. Sherford will have 5,500 new homes, extensive community facilities and abundant green space. This offers businesses access to a large local workforce, as well as presenting an opportunity to relocate or attract new talent to a community specifically designed to offer the perfect word/life balance.


Royal William Yard


New figures show that Plymouth’s historic Royal William Yard is a thriving visitor destination, attracting 1.1 million people a year to the iconic waterfront site. The Pathzz footfall data reveals that the vibrant mixed-use site enjoys a high frequency of return visits and high dwell time. With an influx of big brands recently joining Royal William Yard, it continues to be a success story – and 2024 looks every bit as promising.


Boasting the largest collection of Grade I Listed military buildings in Europe, the 15-acre site has been transformed by regeneration specialists, Urban Splash, from a derelict space into an award-winning destination. Restaurants, bars and shops sit alongside a lively artistic community, a packed calendar of events, and much to see and do. This breathtaking location, surrounded by water on three sides, has been re-imagined as Plymouth’s leading place to live, work, stay, play and relax.


The commercial offering is diverse; this is place where offices, restaurants, bars, a luxury cinema, boutique hotel, gym and art galleries


all rub shoulders. It is home over 70 businesses and


215 award-winning apartments, which form part of a bustling community where small business owners and office workers mix with homeowners, holidaymakers and day-trippers.


Royal William Yard recently welcomed to its ranks renowned businesses including Everyman Cinema, Vietnamese restaurant Pho, and the South West’s largest independent accountants, PKF Francis Clark. Moving into the centrepiece of the site - the recently restored first phase of the Melville building - these businesses joined much-loved South West restaurant, Hub Box, as well as flexible workspace provider BLOCK Plymouth and its state-of-the- art gym.


There are opportunities for businesses to join this growing and thriving community on the Devon coast. Everything from 2-person suites all the way up to 7,000 sq ft of offices, plus retail and leisure space is available. Urban Splash works in partnership with commercial tenants, taking an innovative and flexible approach that enables businesses to seize the opportunities offered at a location unlike any other.


RBH Expand Portfolio in South-West with the Opening of ibis Styles Paignton


April, shortly followed by the impressive Municipal Hotel Liverpool – an MGallery branded hotel – which opened last May.


In addition, this is the fourth Fragrance Group property to join the portfolio in the last 12 months,


highlighting the success of this


partnership, and the eighth overall to join the portfolio in the same period, marking an incredibly successful year for the group.


February sees the launch of the new-build ibis Styles Paignton in Devon, an Accor franchised hotel owned by Fragrance Group.


RBH Hospitality Management has been appointed to manage the property alongside two other Accor branded hotel openings in the past year - Mercure Paignton, located close by opened last


COMMERCIAL PROPERTY MONTHLY 2024


The new 121-room design-led hotel, which takes its design inspiration from the surrounding landscapes, is located in a prime position on Paignton seafront, just a five-minute drive away from Paignton station. Appealing to business and leisure travellers alike, facilities include a state-of-the-art fitness suite and spa with beauty treatment rooms, a meeting room and a stylish restaurant boasting sea views and all-


day dining. A retro-themed ice-cream parlour and waffle bar is the perfect addition for those seeking traditional sweet treats by the seaside.


RBH’s CEO David Hart said: “Our partnerships continue to be a key part of who we are as a management company. We work hard to ensure that our agile, collaborative approach aligns with that of our partners to drive a strong working relationship. On behalf of our partners, we manage a diverse portfolio and continually strive to maximise the performance and potential of each property to ensure its success.”


Martin Rogers added on behalf of Fragrance Group: “This new opening takes the number of Fragrance hotels in the UK operated by RBH to 11 and further emphasises the commitment of Fragrance to hospitality businesses in the UK.”


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