SIX NEW units have officially opened in Terminus Road by Chichester District Council and the first tenants have confirmed now is the time, before Brexit, to move in.
This is the second building project on the Terminus Road industrial estate that has been commissioned by Chichester District Council to support local businesses. The first was the £6 million Enterprise Centre, which opened last year.
The £2 million industrial units, known as Ravenna Point, are based on Plot 21, which was previously home to Goodwood Metalcraft. The redundant building was considered no longer suitable for modern business needs.
The building was demolished to make new spaces for the units which were declared open on Monday morning.
Quantum Electrical Distribution Ltd has been confirmed as the first business to become tenants of plots 5 and 6.
Managing director Tony Jenner said: “We have got a team of 12 coming in here. The good thing about this particular location is that it’s near one of the main roads into Chichester and located near to the A27. It suits us brilliantly.
“The location here also means we can be a seven-day-a-week operation because we are in the public eye and we can be pushing out a lot more goods. We also have a 24-hour operation, which has worked well at our branch in Crawley.
“I think everyone is holding back because of Brexit but I think once the end of March comes, whatever happens, deal or no deal, all of a sudden the confidence will come back because people are in limbo at the moment.
“I think, personally, the best time to get in here and expand is probably now because everyone is going to be doing it, hopefully, afterwards.”
Each unit at Ravenna Point will provide between 230 and 300 square metres of floor space plus the potential to add a mezzanine floor at the tenant’s discretion. There will also be the option for each business to dedicate some space to a trade counter area. It is predicted that each unit will employ around five people.
“I am delighted that this key project to support our local economy is ready,” says Cllr Tony Dignum, leader of Chichester District Council. “We are very pleased to welcome the first tenant, Quantum Electrical Distribution Ltd. The company is looking to expand and has chosen Chichester as its second location.
“The site will provide modern and high quality space for trade-type businesses and will also provide employment for local people.
“Ravenna Point follows the opening of the Enterprise Centre last year, also situated in Terminus Road. The centre is aimed at helping start-up, small and medium sized businesses and there is already excellent take-up of the units.
“Because the site is owned by the district council, the rental income will go towards helping us provide key services for our residents. ”
Businesses interested in finding out more about all the accommodation options offered by Chichester District Council can contact its estates team on 01243 534632 or by emailing: email@example.com