"This is an important step for TVR, but there is still a lot to do towards the move," said David Oxley, TVR managing director.
"Relevant consents and planning permissions need to be obtained first and contractors' proposals tendered, so we expect it to take at least 18 months to complete the project."
Nikolai Smolenski, chairman of TVR said: "Blackpool is and has been historically a very important location for the British automotive industry. Both Jaguar and TVR were founded here, so I am glad to secure the future of TVR in Blackpool."
Blackpool Business Park is a 75-acre site at the end of the M55 and adjacent to Blackpool Airport, and currently home to 30 companies.