Planning consent has been granted for the full refurbishment of the former Cosworth Technology Factory at the Worcester North Junction 6 of the M5.
A & J Mucklow Group purchased the site, comprising approximately 116,000 sq ft of manufacturing space on 5.5 acres, from Cosworth Engineering following the factory's closure in June 2005.
GVA Grimley and Harris Lamb have been appointed as joint letting agents for the scheme.
Architects Gould Singleton has now completed plans for the scheme, which involve a full refurbishment of the facility to provide 110,000 sq ft of manufacturing/distribution accommodation incorporating 2,500 sq ft of new first floor offices.
Planning permission has also been granted for the provision of a new access road from Wainwright Road to the site. Refurbishment works will take approximately four months.
Justin Parker, managing director of Mucklows, said: "The purchase of the site shows Mucklows' commitment to growing the development side of the business and we are continuing to search for and pursue other development opportunities."
The building is already experiencing high levels of interest due to its prominent location at Junction 6 of the M5.
Cameron Mitchell, industrial partner at GVA Grimley in the Midlands, said: "There is a real lack of currently available quality buildings, not only in the Worcester area but further along the M5 corridor.
"We are already in discussions with a number of potential occupiers." ..SUPL: