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Investment in infrastructure has been essential to Cornwall’s growth over the last decade. Transport links have expanded, and the region already has one of the most advanced telecommunications networks in the EU, with maxDSL giving download speeds of up to 8Mb county-wide. Further plans for Next Generation Broadband are in place which will help Cornwall achieve its ambitions to become the most well connected rural area in the EU.
To take advantage of this, recent years have seen the development of a number of business parks, industrial estates and innovation centres in different parts of the county. Increasingly, these are not only well-connected but also meet the highest environmental standards – particularly in terms of energy use.
For example, plans are underway for Cornwall Bio Park, a unique combination of two high specification developments in the county’s industrial heartland around Camborne, Pool and Redruth. This will offer a flexible site, close to both the main rail route and the A30 trunk road, with more than 200,000 sq ft of space and low running costs. The Invest in Cornwall property search is a free service to assist with easy access to available property.
The Pool Innovation Centre, in the same part of the county, provides an ideal environment for start-up businesses with flexible workspaces and added support for business incubation. An £11.9 million development offering some 3,500sq m of high quality office space, it also gives new companies access to a range of central services – including meeting rooms, conference facilities and reception – with a large atrium at its core to encourage networking between tenants.
Like all premises in Cornwall, these outstanding new developments benefit from the advantages of the UK’s open and dynamic commercial property market: stable rents and flexible lease arrangements. Better still, the standard occupancy costs are as low as half the price businesses pay in London.