the Business Forum and
the Economic Partnership
in Brighton & Hove
Homepage    BCRP Intranet    Funding    Events    Partners     Knowledgebase    Links    About us     Contact us
Key projects
Crime
reduction
 


Inward
investment
information
 


Licensee
Forum
 

Workforce development 

Transport
 

Business &
climate
change

Property &
Development sites

Business
Improvement
Districts

Housing
 

Strategy
 

Consultation opportunities
 

Brighton & Hove Business Forum
8-11 Pavilion Buildings, Brighton, BN1 1EE
Tel: 01273 735442
Email: info@brighton
business.co.uk

© Brighton & Hove
Business Forum

News - 9 April 2011

IKEA fails to get Hollingbury site

The Swedish furniture company renowned for flatpack wardrobes and meatballs has failed in its bid to secure the British Bookshops warehouse on the Hollingbury Industrial Estate which probably scuppers its chances of coming to Brighton.

In a deal reputed to be worth something in the region of £3m the lease on the warehouse was sold by Irish owners Easons to an unknown buyer.

IKEA was known to be interested in purchasing this and two other leases for the adjacent Argus and the Talbot Tools buildings. This would have given an area of 3.25 hectares for the usual IKEA shed and ample surface parking.

Contracts are expected to be exchanged in April for completion in May. The buyers plans for the site are not yet known.

ECONOMIC PARTNERSHIP COMMENT

The prospect of an IKEA on the outskirts of town was discussed at the quarterly meeting of the Economic Partnership on 5th April and there was general agreement that it was not a good strategic use of the land.

Although it would provide a number of entry-level jobs the city should focus on providing graduate level jobs to reflect the nature of its workforce, over 40% of which is qualified to NVQ Level 4. Although it would undoubtedly be popular with residents and visitors from a wide catchment area, the contribution of an IKEA to the wider city economy would be limited and the anticipated congestion on the A27, particularly at the Hollingbury roundabout, would be considerable. Visitors to IKEA would be unlikley to leave the car park let alone venture into Brighton city centre or Hove town centre. 

Over the years the nature of Hollingbury Industrial Estate, which once offered employment for 6,000 people, has been slowly eroded by the change of use to retail.


Read related items on:
Commercial property
Development sites
Hollingbury


Browse our business Knowledgebase or search by keyword


Headlines

27 February 2015
Free video games application workshop
26 February 2015
Brighton house price update 2014 Q4 26 February 2015
HMRC's RTI late filing grace period expires soon 26 February 2015
Workspace will be the regulator of the Brighton economy 25 February 2015
The top and bottom of Brighton 24 February 2015
Twitter can get you sacked 21 February 2015
Another cracking scheme from Hyde 20 February 2015
i360 work advances [upwards] 20 February 2015
Metro Bank opens in Brighton 20 February 2015
Developers chosen as preferred bidders for 450 homes in neighbouring Lewes. 19 February 2015
New interim principle for City College 17 February 2015
Inflation in freefall? 16 February 2015
Sussex Learning Network secures funding to help more young people access higher education 14 February 2015
Digital driving growth 14 February 2015
Schizophrenic attitude to obesity 14 February 2015
Top 5 stories in January 2015 13 February 2015
Crime Reduction Partnership accreditation scheme for mobile support services 13 February 2015
Step Up 3 February 2015
City College Principal steps down 29 January 2015
Free Digital High Street Skills Course 28 January 2015
Brighton City Centre Vacancy Rates continue to fall 26 January 2015
Brighton's Phase 5 Technology named Best Exporter in the south east 26 January 2015
Adur & Worthing seeks a Head of Place & Investment 20 January 2015
Swedish gaming studio invests in Brighton 20 January 2015
Argus gets a new editor [and looks for a new home] 18 January 2015
How will H&M repent? 13 January 2015
LEP grants lead to new jobs 13 January 2015
Hippodrome plans up in the air 12 January 2015
Crunch goes Uber 12 January 2015
Sewer and Waste Treatment Tours 12 January 2015
Raising Green Investment - Free Workshop 8 January 2015
New board member for Coast to Capital LEP 7 January 2015
Grants available to help you take on new staff 7 January 2015
Skills: a black cat in a dark room that isn't really there! 6 January 2015
Part-time region [but not Brighton]. 5 January 2015
Build Green for construction firms 4 January 2015
Hilton Manager leaving Brighton 4 January 2015
Brighton in the top ranks of the regional start-up league 29 December 2014
Top 5 stories in 2014 27 December 2014
Top 5 stories in December 2014