Northern Trust Acquires Again in Wishaw, Motherwell

Northern Trust (www.northerntrust.co.uk) is pleased to announce that it has acquired an additional 4 units at Excelsior Park totalling 30,054 sq ft. The new acquisition takes the company’s ownership at Excelsior Park to circa 150,000 sq ft.

Northern Trust has in recent months announced a number of acquisitions in Scotland as it continues in its plans to expand its Scottish portfolio which now covers over 360,000 sq ft in 70 units.

Canyon Road, Wishaw

The new units which range in size from 5,388 sq ft up to 11,003 sq ft form part of the well-established Excelsior Park and sit adjacent to Northern Trust’s existing ownership. The scheme is situated 5 minutes’ drive from Wishaw town centre and 2.5 miles from Motherwell town centre. Wishaw is located within North Lanarkshire, approximately 12 miles south east of Glasgow and 33 miles west of Edinburgh. The town benefits from excellent communication links, with access to the M74 motorway via Junction 6 and access to the M8 motorway via the A73. Originally developed as an Enterprise Zone, in recent years Excelsior Park has grown into a well-established industrial and trade counter location.

To read the full press release please click here. 

Lanley Homes Starts Work on Their Lytham Road Development in Freckleton

Lanley Homes are pleased to announce that they have started work on their new development at Lytham Road in Freckleton, following the successful planning permission.

The development will comprise of 7 detached and semi-detached homes, with each benefiting from its own garage and private driveway. Close to Freckleton’s town centre facilities, the properties are set in a pleasant residential area and offer an idea commuter base for Preston and Blackpool whilst also benefitting from being only 5 miles from the beautiful coastal town of Lytham St Annes.

Artists Impression of the New Lytham Road Development

Development Manager, Neil McManus commented “We are delighted to announce the new development for Lanley Homes at Lytham Road, which will provide a range of high quality homes in the heart of Freckleton. Work on site has now commenced and we expect the houses to be completed by late Summer 2018.

We aim to build a better family home and as such the properties are larger than comparative developments. With the 3 bedroom semi’s at 1,150 sq ft and detached at 1,450 sq ft to 1,600 sq ft; these properties are very spacious by modern standards”.

To read the full press release please click here. 

Northern Trust Secures Planning Consent for New 450 Unit Housing Scheme in Telford

Northern Trust Company Ltd has announced that it has successfully gained outline planning permission for up to 450 houses on their 76 acre site located off Redhill Way in Telford.

The outline plans include a range of house types, of two, three, four and five-bedroom homes with 35% affordable. The plans also see the creation of a retail unit and a public house.

Planning Consent Secured for Up to 450 New Houses in Telford

A spokesperson for Northern Trust said “We are delighted to have secured planning permission for this site following extensive discussions and working very closely with Telford and Wrekin Council. This is an exciting development in a sustainable location not only providing a gateway development on the eastern edge of Telford but also providing significant investment into the area and significant benefit to the local community.”

Northern Trust will now look to commence a disposal strategy, inviting negotiations with prospective house builders.

To read the full press release please click here. 

Northern Trust Announces Major Refurbishment Scheme at West Chirton

Following confirmation of Northern Trust’s successful planning application to build up to 400 homes on the southern part of their West Chirton (South) Industrial Estate, the company has announced that it also plans to complete a major refurbishment of its industrial premises situated on the northern part of the site, adjacent to Tesco’s.

The estate is a former munitions building built in 1940 and now totals circa 70,000 sq ft. 25,000 sq ft of accommodation is to be subdivided into 5 separate units. The circa £1m investment into the estate will see the subdivided units benefit from a new roof, external cladding, loading / personnel doors and utility services together with full redecoration.

Two other blocks of units ranging from 580 sq ft up to 1,695 sq ft and totalling 20,169 sq ft will also benefit from a similar facelift to vastly improve the industrial offering in the area.

To read the full press release please click here. 

Northern Trust Scores a Hat Trick with Third Acquisition

Northern Trust (www.northerntrust.co.uk) is delighted to announce its third recent acquisition in Scotland.  Northern Trust has acquired 150,106 sq ft at Westfield North Courtyard in Cumbernauld. This acquisition comes on the back of the company’s latest announcements of their other purchases of Excelsior Park in Wishaw, Motherwell and Lochside Court in Dumfries.

Westfield North is located within the popular Westfield Industrial area, accessed from Junction 3 of the M73 the estate provides excellent links to the wider region. The modern multi-let industrial estate comprises 22 units arranged over five blocks around two central courtyard areas.

Westfield North Acquisition

Tom Parkinson, Director at Northern Trust commented “This acquisition is part of an on-going strategy to acquire/develop multi-let industrial assets that will form the core of a long-term portfolio holding in Scotland. Over recent weeks we have already added over 280,000 sq ft to our Scottish portfolio, and we continue to look for further opportunities. We are particularly interested in locations within central Scotland, close to major conurbations and the motorway networks and our aim is to provide a high quality industrial and office product suitable to both SMEs and larger companies.

To read the full press release please click here. 

Northern Trust Acquires New Estate in Dumfries

Northern Trust (www.northerntrust.co.uk) is pleased to announce that it has added to its Scotland portfolio with the acquisition of Lochside Court in Dumfries.

The new acquisition comes on the back of Northern Trust’s recent acquisition of Excelsior Park in Motherwell and adds a further 23,380 sq ft to their Scottish portfolio.

Lochside Court, Dumfries

Lochside Court, forms part of the well-established Lochside Industrial Estate and comprises of 8 self-contained, modern industrial and trade counter terraced units.  The estate is set back from the A76 trunk road, which provides excellent links to the national road network of both Scotland and England. Tom Parkinson, Director at Northern Trust commented “The acquisition is part of an on-going strategy to acquire/develop multi-let industrial assets that will form the core of a long-term portfolio holding in Scotland which we are looking to expand further.”

To read the full press release please click here. 

More information about the Lochside Court can be found on the Whittle Jones website. 

Northern Trust Gets Planning Consent for Up to 400 Houses on West Chirton Site

Northern Trust Company Ltd has announced that it has successfully gained outline planning permission for up to 400 houses on the southern part of their West Chirton (South) Industrial Estate in North Shields.

The outline plans include three new access junctions on Norham Road and a proportion of affordable housing. The site is ideally located being just 2 miles from North Shields town centre and only 7 miles from Newcastle City Centre.

A spokesperson for Northern Trust commented “We are pleased to have gained planning permission for regeneration of this derelict site, which will bring significant investment into the area and provide considerable benefit to the local community.”

Northern Trust has appointed Knight Frank to market the site to prospective house builders.

To read the full press release please click here. 

Northern Trust Gets Its Wish With Excelsior Park Acquisition

Northern Trust (www.northerntrust.co.uk) is pleased to announce that it has expanded its Scotland portfolio with the acquisition of Excelsior Park in Wishaw, Motherwell.

Excelsior Park. Wishaw, Motherwell

Excelsior Park. Wishaw, Motherwell

The modern multi-let industrial and trade counter estate totals 109,523 sq ft and is split into 11 units with occupiers including, Howden Joinery and Siemens plc. Excelsior Park is only 2.5 miles from Motherwell town centre and adds to Northern Trust’s existing portfolio in Scotland. Tom Parkinson, Director at Northern Trust commented “The acquisition is part of an on-going strategy to acquire/develop multi-let industrial assets that will form the core of a long-term portfolio holding in Scotland which we will look to add to further. We are particularly interested in locations within central Scotland, close to major conurbations and the motorway networks and our aim is to provide a high quality industrial and office product suitable to both SMEs and larger companies.”

To see the available units to let at Excelsior Park please visit the Whittle Jones website or click here for more information. 

Northern Trust Adds Blackpool Estate To Portfolio

Northern Trust (www.northerntrust.co.uk) is pleased to announce that it has acquired Clifton Trade Park in Blackpool. Northern Trust, advised by B8 Real Estate purchased the site from Murphy Young (advised by GVA).

The modern multi-let industrial estate totalling 34,479 sq ft comprises a mixture of industrial/trade counter units and studio office suites, located at the end of the M55, close to the A5230 and junction 4 of the motorway.

Clifton Trade Park

Clifton Trade Park

The new estate bolsters Northern Trust’s portfolio in Blackpool, who already own Blackpool & Fylde Industrial Estate covering 69,140 sq ft. Tom Parkinson, Director at Northern Trust commented “We have been long term investors in the Blackpool & Fylde area and, with the planned growth of the town at Junction 4 of the M55 this is an excellent addition to our existing portfolio. We continue to look for opportunities to grow our portfolio in all our trading regions across the Midlands, North-West, North-East, Yorkshire and Scotland.”

To read the full press release please click here. 

Northern Trust Sells 4.5 Acre Site To Wainhomes

Northern Trust (www.northerntrust.co.uk) is pleased to confirm that they have sold a 4.5 acre site that formed part of their East Tame Business Park in Hyde to Wainhomes.

Northern Trust gained outline planning permission in 2015 for up to 49 residential dwellings on a surplus part of their East Tame Business Park. A reserved matters application was submitted in 2016 and remediation of the site was completed in March 2017. Northern Trust has retained 229,179 sq ft of the estate which is now fully occupied.

John Tootell, Planning Manager at Northern Trust commented “We are delighted to have secured the redevelopment of this part of the East Tame Business Park. We have worked closely with Wainhomes on the sale and look forward to seeing the new housing development come to fruition which will provide further investment into the area.”

Peter Barlow, Managing Director in the North West for Wainhomes said “We see this development as an exciting opportunity to redevelop a ‘brownfield’ area of land located in a very sustainable and accessible location which will further enhance the localities housing offering of luxury 3 and 4 bedroomed family homes. Wainhomes has targeted Tameside as a key strategic location to invest in due to its proximity to Manchester and Stockport and excellent road and rail network. This development will be the first of many within Tameside and therefore see this development as part of a long term investment within this ambitious Borough”.

To read the full press release please click here.