Anglesey: Energy Island

2. The Need For Space …
Stephen Wade,
Director, Legat Owen & Board Member of AEZ

3.  A significant Inward Investment programme for the Island over the next
10 years will generate demand from occupiers and supply chain
companies.
 Brexit border uncertainties are generating requirements for logistics
companies in and around Holyhead Port.
 Holyhead Port handles 6,000 ferry movements per year including
350,000 freight units and is second busiest ferry port within the UK.
 Existing companies based on the Island are identifying a lack of grow on
space as a brake on business development.
DEMAND GENERATORS

4.  The AEZ Board have identified the need to deliver employment floor space as their
number one priority.
 Historically employment floor space has been delivered by Welsh Government
directly but there is a move towards a partnership approach with the private sector.
 In common with the wider market, development of speculative employment floor
space stalled during the recession and only now are we seeing the early signs of
renewed construction activity.
 A new Truck Stop at Parc Cybi in Holyhead was developed jointly by Conygar and
Road King approximately 3 years ago and is already being earmarked for extension.
 More recently work has started on the construction of a new 80 bedroom Premier
Inn Hotel also at Parc Cybi in Holyhead.
 Anglesey Council have continued to drive the delivery of micro starter units having
recently completed a new build scheme in Llangefni with a further two
developments under construction. Anglesey Council are working in a joint venture
with Welsh Government to provide a similar development of micros starter units in
Holyhead.

5. The Supply Position
(or lack of it!)
 The AEZ Board identified a serious shortage
of employment floor space on the Island.
 The Board requested Welsh Government
review the current supply position.
 JLL were commissioned to undertake the
report and their findings confirm the Board’s
view that supply is severely constrained.
 Stats alone don’t tell the whole story
because most of the supply which is
available is secondary /tertiary stock which
won’t necessarily address market need.
0
1
2
3
4
5
6
1,000-5,000 sq ft 5,001 - 10,000 sq ft 10,001-25,000 sq ft 25,001 + sq ft
No.ofUnits
Available Industrial Units in Anglesey

6. The Time is Right …
The Anglesey Enterprise Zone Board believes that the “Time is Right” to
start delivering.

7. AEZ Key Sites
 The Board have identified a series of key sites for future development. It is no
coincidence that the majority of these are clustered around the A55.
 Some of the sites are in private ownership but a number are owned by Welsh
Government

8. Parc Cybi, Holyhead

9. Parc Cybi, Holyhead
 Serviced development plots from 0.75 acres to 11
acres.
 Less than 1 mile from Holyhead Port.
 Suitable for B1, B2 & B8 development.
 High profile roadside location with direct access to
Junction 2 of the A55.
 Road King Truck Stop fully operational on site.
 80 Bed Premier Inn currently under construction.
 Further development to be announced shortly.

10. Parc Bryn Cefni, Llangefni

11. Parc Bryn Cefni, Llangefni
 Serviced development plots from 1 acre to 5
acres.
 Less than 1 mile from the A55.
 Suitable for B1, B2 & B8 development.
 Well established Industrial Park with nearby
occupiers including; Faun, Howden, C L Jones
and Marco Cable Management.
 Llangefni is the administrative centre for the
Island offers a range of retail and professional
services.
 Coleg Menai, situated close by, is the focal
point for Higher Education on the Island.

12. Financial Support
 Anglesey is a Tier A area offering maximum ERDF intervention rates.
 The Tier A status ensures the UK’s highest levels of financial support could be
available for eligible projects on Anglesey.
 Occupiers on identified sites within the Enterprise Zone are eligible for first year
rate relief subject to qualifying criteria under the Enterprise Zone Business Rates
Scheme.
 The six North Wales Authorities are working together to develop a Growth Bid the
first stage of which has been submitted to UK Government seeking support for a
wide range of projects. One of the key themes within the Growth Bid is the
provision of serviced land and property.

13. CONCLUSIONS
There are a number of major investment projects being
delivered which will generate very significant investment.
There is a severe shortage of existing employment floor space
on the Island.
The investors and their supply chain will need employment floor
space to accommodate existing and future business needs.
Historically this has been delivered through direct intervention
from Welsh Government.

14. CONCLUSIONS (Cont’d)
Whilst this is still a potential option a partnership approach
is preferable.
There is serviced employment land available for sale via
Welsh Government on the Island.
Anglesey is a Tier 1 assisted area and is able to offer the
maximum level of intervention for a project.
Qualifying projects may be eligible for Property
Development Grants to support their delivery.
It’s time to talk!