East Midlands


South Holland – Future Proofing the UK’s Food Sector


South Holland is at the epicentre of the UK’s food-valley. The region’s fertile land has given rise to one of the highest concentrations of agri-food tech companies and specialists in the country; giving it both national and global status as a leading player in food production.


The sector accounts for 42% of local employment and 31% of local business units against


national averages of 4% and 6% respectively. These strengths have attracted over £300 million of investment towards infrastructure, research and innovation over the last three years.


Over 90% of the arable is either Grade 1 or Grade 2. With such easy access to fresh produce, the local economy has developed a mature supply chain of growers in farming and horticulture, international food manufacturers and processors, logistics specialists,


and distribution giants. Food


manufacturing alone accounts for 20% of overall employment in the district.


Businesses looking for innovations in robotics, automation and food science are empowered by the University of Lincoln’s National Centre for Food Manufacturing (NCFM) in Holbeach. Their


expertise in food-tech research and development will be further strengthened with


To service South Holland’s growing population of circa 95,000, over 7,000 new homes will be built over the next twenty years. However the bustle of industry hasn’t compromised the high quality of life enjoyed by residents. It still offers an excellent quality of life, with competitive house prices, high quality schools and a buoyant jobs market, providing a wealth of opportunity as industry digitises.


Skegness Foreshore Development – Unique Investment Opportunities to Shape this Iconic Coastal Resort


The future for domestic tourism is looking increasingly brighter. The significant rise in the demand for UK holidays, is giving a much needed boost for UK tourism. Skegness is the fourth most visited seaside resort in the UK. An iconic coastal town with an abundance of history and heritage, this bustling resort sits on the edge of an area of AONB, and is surrounded by miles of natural coast.


Visitor Economy visitor data shows that the area has approaching 2.2 million holiday visitors per year and this strong tourism offer continues to drive a high level of investment. Annual data indicates that East Lindsey has continued to experience a growth in visitor numbers and the associated impact and value of the visitor economy.


To drive growth within the area, a Skegness Foreshore Masterplan has been created. At its heart is an expansion and diversification of a thriving visitor economy appealing to investment into the green, cultural, heritage, arts, sports and leisure markets that will benefit local communities and visitors alike.


As part of this masterplan there is an exciting opportunity to be part of the expansion, growth and future of this thriving coastal towns, through the acquisition of a number of sites along the Skegness Foreshore.


This Skegness Foreshore Development is 28


offering a unique opportunity for investment and shape the future of this iconic resort. With the prospect to maximise on its potential as Skegness grows and develops into new markets as well as retaining its traditional seaside charm.


Skegness offers a wealth of benefits to investors:


• Flourishing Tourism Sector • Value for Money • Natural Assets • Quality of Life


• Entrepreneurial Spirit • Location


• Commitment to Growth


One of the biggest catalysts to driving growth and investment into Skegness are the transformational multi-million-pound Towns Fund Deal projects. In a deal worth £24.5m the town centre and railway station will undergo major regeneration never seen before. Allowing East Lindsey District Council to enhance, develop and improve what Skegness has to offer for residents and tourists alike.


Expressions of Interest are being taken for five LOTS all with direct proximity to the seafront. East Lindsey District Council has commissioned Banks Long & Co to


assist in


expressions of interest from commercial leisure Investors/developers/operators in five lots on the Skegness Foreshore.


an adjacent Food Enterprise Zone (FEZ), with the University of Lincoln as an anchor tenant.


The FEZ will create one of the most advanced agri-tech clusters in the country and underpin the future success of the region and its businesses. Collaborating across the entire food supply


chain, the FEZ will increase


the uptake of advanced and innovative technologies, delivering innovation support services and developing workforce skill sets. It is estimated to increase regional GVA by £76m per annum once it is fully operational.


Competitive land prices and excellent connectivity via road, rail, sea and air gives South Holland businesses huge advantages when and


it comes partners at to servicing regional, national


customers and


international levels. They also gain access to comprehensive businesses support through the Greater Lincolnshire Growth Hub


Boston – Transformation, Regeneration and Growth


Boston, Lincolnshire is undergoing an unprecedented era of growth and regeneration thanks to


the unlocking of a myriad of


opportunities via the Towns Fund Deals. In 2021, Boston secured £21.9M in Town Deal funding from the government to deliver an ambitious vision that will level up Boston and bring transformational improvements.


The Boston Town Deal will make the town an exciting place to live, work, invest and visit for generations to come.


It will support an


aspirational, skilled, and healthy population. It will create sustainable economic growth. It will increase pride in place, and it will launch Boston into the future, building on its unique heritage. Of all the opportunities afforded by the accelerated Towns Fund grant, one project that will act as a catalyst and a real opportunity to open up Boston for both its residents and businesses is the potential that the PE21 project holds. Located on the west side of the River Witham and overlooking the Boston Stump, PE21 is a 10-acre masterplan to regenerate and revitalise a key part of Boston’s town centre.


In August Boston Borough Council submitted a bid of up to £20 million to the department for Levelling Up, Housing and Communities to support Boston’s ambitious plans to regenerate and reinvigorate this large brownfield opportunity in the centre of the town. Working with partners, PE21 will bring forward several strategic interventions which will collectively increase activity, footfall, and improve the image and vitality of the area. At its heart is a significant investment in public realm, along with the redevelopment of adjacent sites for a variety of commercial, residential and other uses. During the planning stages the scheme also includes an opportunity for the community to get involved in a community archaeology project.


securing


A key aspect of PE21 is to secure community infrastructure around health and well-being. The vision is to create a modern, attractive, welcoming facility in the heart of Boston, where the full spectrum of Health, Local Government, Third Sector and Private Sector organisations come together to improve the health and wellbeing of the populations they serve. There are significant and well documented health and wellbeing challenges in Boston. Having access to green space that links this area of regeneration to the heart of the town is an important part of the masterplan. As well as providing a green corridor linking two parts of the town and building physical and cultural bridges, it will enable and encourage people to walk and utilise this green space for exercise and as a therapeutic space. Post COVID green spaces are recognised as even more important for physical and mental wellbeing. The project will bring a range of much-needed new uses into the currently under-utilised site. It will offer new residential housing and a combined health and a leisure facility in partnership with NHS Lincolnshire CCG which will service 29,000 patients. For more information please visit: Welcome to Boston Town Deal Website – Boston Town Deal Website


COMMERCIAL PROPERTY MONTHLY 2022


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