New 22-acre business park for Plymouth18th June 2013

South West commercial developer London and Devonshire Trust (LDT) has launched The Plymouth Enterprise Park (PEP) - a new 22 acre business park with 255,000 sq ft of industrial and business space at Ernesettle in Plymouth near the Tamar Bridge.  

Daniel Stephenson, Managing Director, LDT, stated: “The launch of PEP is a significant step for the company as it is our first site in Plymouth. We are confident this is the right time to invest in the city with its profile rising as an important strategic regional hub. The location of the park offers excellent transport links to the A38 gateway to the region and is just one junction away from the port.

“The growing trend of manufacturing businesses looking to bring their operations back to the UK and the proximity of the port, make Plymouth increasingly appealing as a choice business location.”

The brownfield Ernesettle site previously housed a manufacturing facility that was removed by LDT to provide levelled land ready for development. Now the company is targeting those businesses looking to expand or relocate.

Mr Stephenson said: “The fact that the site is ready to go, levelled and easily accessible means we have received tremendous interest from a broad spectrum of businesses in the manufacturing, logistics and food distribution industries. Contracts have already been signed with the first occupiers and we expect to welcome them onto the site imminently.

“A further benefit of PEP is the neighbouring major grid transformer that has the potential to provide a significant and secure power supply - an increasingly important factor for business operators.”