Market Leads & Opportunities
EG to invest £4m in Ashwood Business Park
Ashwood Business Park in Northumberland is set to receive a £4m investment from international forecourt operator Euro Garages (EG) as part of a new job-creating development on the site.The company plans to build an 8,000 sq ft development on the site in South East Northumberland, which will include a petrol filling station, convenience store, and drive-thru Starbucks outlet.It will create 50 full and part-time jobs, with a further 40 jobs through construction work.EG has exchanged conditional contracts with Ashwood Business Park owners Advance Northumberland to purchase the two acres of the 62-acre site and has submitted a planning application for the development.Last year, a new masterplan for Ashwood Business Park was revealed by Advance Northumberland, centred around making the site a new centre for advanced manufacturing, the process industry and the engineering sector in North East England.In February this year, £2.7m was secured from Advance Northumberland, Northumberland County Council and the North East LEP for infrastructure improvements to encourage further inward investment and growth projects at the site.
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