Work starts on first business units for Plymouth freeport

Work has started on the first purpose-built commercial units at the tax-busting Plymouth and South Devon Freeport. The four units are being built at Beaumont Way, Langage - one of three tax sites for the freeport. Plymouth City Council[1] says the sites are being prioritised for "new and high growth businesses".

Eligible tenants must specialise in either marine, defence, space, advanced manufacturing, engineering or clean energy. Businesses setting up inside the freeport area are eligible for tax breaks and other forms of support, with the aim of creating thousands of jobs. Langage is the largest of the three tax sites for the freeport, located on the edge of the existing Langage Business Park.

The new units range in size from 750 square metres to just over 2,000 sqm. They will have workshop/production space inside, with fully fitted offices at ground and first floor level (with lift access) and staff facilities including showers. Outside, each will have its own dedicated service yard and parking and EV charging pods.

They also have solar photo-voltaic panels, increased levels of insulation and energy efficient heating systems to minimise carbon emissions and running costs. Council leader Tudor Evans said: "And we are off! We've got high hopes for these buildings to be part of the region's growth story.

"These buildings will be home to businesses who share our passion for creating jobs, skills and innovation in fast developing green and blue industries. As part of the freeport, they can call on the expertise and know-how of businesses, partners and organisations that share the same drive." Richard May, CEO of Plymouth and South Devon Freeport said: "In the two short years since the Plymouth and South Devon Freeport was given the green light we are already seeing the start of real, tangible results of what the Freeport can achieve with these new build units at Beaumont Way.

"With continued Government support for the Freeport programme we hope new and growing businesses have the confidence to accelerate their plans and consider the Freeport as a viable option for their requirements - it's not only about the incentives and benefits to be gained by being part of the Freeport but the wraparound support with skills, innovation and collaboration." Devon Contractors has been appointed to construct the schemem with the aim for the units due to be ready by autumn 2025. Interested businesses should contact [email protected] or for information about the freeport contact [email protected][2][3]

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References

1. ^ Plymouth City Council (www.plymouthherald.co.uk)
2. ^ [email protected] (www.plymouthherald.co.uk)
3. ^ [email protected] (www.plymouthherald.co.uk)
4. ^ Click here (chat.whatsapp.com)
5. ^ Privacy Notice (www.reachplc.com)