Northern Trust Company Ltd
has announced that it has successfully gained outline planning permission for up
to 84 new homes in Calverton, Nottingham.
The planning consent which
is subject to completion of a legal agreement was granted by Gedling Council.
The plans cover 6 acres of the 24 acre site on land off Flatts Lane.
The development includes
provision for affordable housing and will also provide contributions towards
education in the area, health facilities and bus stop improvements.
A spokesperson for Northern
Trust commented “We are delighted to have secured outline planning permission
for this site, having worked closely with Gedling Council and other key
stakeholders to bring forward these plans.”
Northern Trust will now look to commence a disposal strategy, inviting proposals from prospective house builders. Savills have been appointed to sell the site. For more details please contact Ann Taylor at their Nottingham office.
Northern Trust is pleased to announce
that it has acquired a multi-let industrial estate at Forge Way in Darlington.
The estate covers 16,580 sq ft and
comprises 8 units arranged in a single terraced block. Individual unit sizes
range from 1,500 sq ft up to 3,800 sq ft. The estate is situated within
Cleveland Trading Estate, less than a mile north of Darlington town centre and
close to the A167 main arterial road.
Tom Parkinson, Director at Northern
Trust commented “We have been expanding our multi-let industrial portfolio, and
in the last 12 months we have added over 300,000 sq ft through new acquisition
and development. Forge Way offers good quality industrial space in a strategic
location, complementing our existing portfolio across County Durham, and is
part of our on-going strategy to acquire / develop multi-let industrial assets
to support the SME business community in the area.”