Entrepreneur Raj Sodha reveals plans for new business park in Goole
Entrepeneur Raj Sodha reveals plans for new business park in Goole
By Hull Daily Mail | Posted: 20 Apr 2017
The entrepreneur behind Fusion Business Park in Goole is planning to open a second site after more than doubling the number of units on his original scheme.
Raj Sodha was expelled from Uganda 42 years ago and has since carved a successful 30 year career in the financial services sector.
The 66-year-old entrepreneur has now added an additional 10,800 square feet of letting space at Fusion thanks to a £100,000 cash injection from the Business Enterprise Fund (BEF).
He said: "At the time of building the business park I was advised that Goole didn't need or wasn't ready for more business units but I'm proud to say I followed my dream and went ahead with my plans.
"11 years later, against all odds and thanks to support from BEF, the loan has allowed me to strengthen my business proposition and provide other businesses with the fantastic opportunity to start up or expand here in Goole.
"Fusion Business Park is thriving with tenants including our largest occupant, Just Car Clinics Group, which is part of the largest car repairs in the UK.
"We're also home to a variety of companies which specialise in areas such as signage, tools for the power industry, graphic design and flood damage and emergency repairs."
Thanks to the loan from BEF, Mr Sodha created plans, surveyed the area and secured planning permissions to grow Fusion. Within nine months of receiving the funding, he has let four of his seven new units, with enquiries now in for the final three.
He said: "I have further expansion plans with the opening of a second business park in the pipeline and I've just taken over an autistic care home which will become a day centre to offer support and assistance to those with the condition.
"I'll soon turn 67 and should be retiring but I love what I do, it keeps me going."
The Business Enterprise Fund is a not-for-profit business lender which has offices in Leeds, Bradford, Darlington and Goole.
BEF group chief executive, Stephen Waud, said: "We take pride in providing funding and support to Goole businesses. Raj has helped develop and grow the business offering in the town and it's fantastic to hear about the range of industries benefitting from the new, expanded space at Fusion Business Park."