Hurstwood Holdings has submitted a planning application for a new six court indoor padel facility at its £40 million mixed use scheme, Lune Business Park in Lancaster.
Hurstwood Holdings will design and build the proposed 15,000 sq ft warehouse style building, which will subsequently be fitted out and operated by P4 Padel, a new venture founded by Harry Walker, having agreed a five year lease.
Sam Ashworth, Chief Executive Officer of Hurstwood Holdings, said: “Padel is one of the fastest-growing sports in the country and we are so pleased that we are able to bring this exciting sector into our portfolio, working alongside an innovative and exciting new operator. P4 Padel is an ambitious new challenger brand with a clear vision for creating accessible, state of the art venues and we are delighted to be working with Harry and his team on their first site.
“Lune Business Park has already established itself as a thriving business and leisure destination and the addition of a dedicated padel centre, which will be situated adjacent to gym operator, TNT Elite and nearby Lancaster Climbing Wall, will further strengthen the range of fantastic amenities available on the development.”
Phase One of Lune Business Park is now fully let and occupied by a range of national and independent businesses including Kitchenhaus; bespoke yacht furniture makers, Neil Jones Yacht as well as a number of local operators. Plans for the speculative 40,000 sq ft development of the second phase of the scheme is set to comprise 18 units ranging in size from 1,153 sq ft to 3,260 sq ft with combination options of up to 14,000 sq ft available.
Taylor Weaver is the sole agent appointed acting on behalf of Hurstwood Holdings with RGP being the retained architect and Broadgrove Planning advising alongside PG Consulting, Base Energy and Mode.
The Hurstwood Holdings Group, headquartered in Manchester, owns and manages a national portfolio valued at over £400 million and supports more than 1,500 occupiers across 150 locations in England, Scotland, and Wales.
