DB Symmetry has exchanged contracts with Euro Garages and Irizar UK to buy land at Symmetry Park at Junction 34 A1(M).
It follows Bassetlaw District Council’s planning approval for a branded food outlet and coach showroom at the motorway entrance to DB’s 54-acre operations centre.
DB Symmetry spokesman Freddie Oakey said: “This is a defining moment in the creation of Symmetry Park.
“Euro Garages and Irizar UK have both recognised the huge potential of this site.”
Euro Garages has agreed to purchase approximately one acre to build a coffee shop and fast food drive-through.
Irizar UK, the sole British supplier of Irizar’s integral coaches, has acquired a four-acre for its new £5million high-end showroom.
Sarah Lucas of Euro Garages said: “We are extremely pleased to see planning approval for this site and our proposed food and coffee offer will complement the wider development of the area as well as serving passing motorists.”
Irizar UK director Steve O’Neill: “The location is perfect for us being so close to the A1 with great road connections to the North, South and Northwest.”
Marshalls Construction will undertake infrastructure works including a roundabout at the entrance of the site so that Euro Garages and Irizar UK can progress delivery soon.
The project team also includes planners Lichfields, architect Kilmartin Plowman & Partners, engineers Shepherd Gilmour, as well as consultants Couch Perry & Wilkes, Goodrich Consulting and Penny Anderson.
Located on the North Nottinghamshire-Yorkshire border, Symmetry Park is a £70million industrial and distribution scheme being delivered by DB Symmetry.
The company has committed to deliver up to 721,000 square feet of logistics space and is already well underway with the first phase of speculative development to provide a 150,000 sq ft unit due to complete in July 2018.
District Councillor Jo White said: “DB Symmetry’s commitment to the scheme will continue to generate further inward investment for the area and create jobs for the surrounding communities.”