NORTHERN TRUST EXPANDS PORTFOLIO

Northern Trust (www.northerntrust.co.uk) is pleased to announce that it has added circa 90,000 sq ft of industrial accommodation to its North East portfolio as well as a development site of circa 5 acres.

Units 15A-G, covering 38,890 sq ft and Units 32A & B were recently purchased at Consett, taking Northern Trust’s ownership on the prestigious Number One Industrial Estate to over 460,000 sq ft. Units 15A-G are currently undergoing a substantial refurbishment program and the block is available to let as a whole or in separate units ranging from 5,188 sq ft.

In addition a 40,000 sq ft warehouse unit at 1 Paulsway in Bede was purchased adding to Northern Trust’s substantial holding in Jarrow. The unit forms part of a 5.5 acre site prominently located on the A185 Straker Street, close to its junction with the A19 at the southern entrance to the Tyne Tunnel and provides Northern Trust with opportunities to expand their portfolio further via new development.

For more details please click here to read the full press release.

Northern Trust Expands Portfolio

Northern Trust is pleased to announce the acquisition of a portfolio of 3 industrial estates from Halton Council, known as the Halton Portfolio in Widnes and Runcorn totalling 85,254 sq ft in 45 units.

dewar-court

Dewar Court

Marshgate

Marshgate

oldgate

Oldgate

The portfolio consists of multi-let, small industrial units at Oldgate and Marshgate, St Michaels Industrial Estate in Widnes and Dewar Court at Astmoor in Runcorn.

To read the full press release please click here.

Northern Trust Acquires Multi-let Industrial Estate in Scunthorpe

Northern Trust is pleased to announce the acquisition of Eastgate Park at Queenway Industrial Estate, Scunthorpe. It comprises a 68,658 sq ft multi-let industrial estate split into 12 units ranging in size from 2,215 sq ft up to 15,558 sq ft and adds to Northern Trust’s UK portfolio.

Eastgate Park, Scunthorpe

Eastgate Park, Scunthorpe

Tom Parkinson, Director at Northern Trust confirmed that Northern Trust had looked at a number of opportunities recently to extend their Yorkshire / Lincolnshire portfolio, and was pleased to have added a modern, well-let estate close to Scunthorpe town centre and with easy access to the motorway network.

To read the full press release please click here. 

Lanley Completes New Homes in Croston

Lanley Homes have completed their development of 4 new build properties on Station Road in Croston, a small village to the West of Chorley.

The 3 bedroom semi-detached homes have been finished to an exceedingly high standard to include: oak internal doors, bi-fold patio doors, individual kitchens and a choice of flooring throughout; all as standard items included within the price. The buildings are also very energy efficient utilising LED lighting and benefiting from solar water heating, harnessing the power of the sun to provide constant background heating of the water tank saving on gas.

77-79-station-rd-15-copy

Neil McManus, Development Manager for Lanley Homes added, “Lanley have delivered some very high quality homes at Station Road and our customers have been very pleased with the product. We are now looking for additional sites and are happy to engage with land owners regarding land they have.

To read the full press release please click here.

Northern Trust Expands Portfolio With New Acquisitions

Northern Trust (www.northerntrust.co.uk) has recently completed three separate acquisitions adding c 230,000 sq ft of multi-let industrial floor area and 34 units to  their commercial portfolio.

Newport South Business Park, Middlesbrough

Newport South Business Park, Middlesbrough

Heron Business Park in Widnes offers 124,512 sq ft of small workshop and larger industrial space, and was purchased in January. Newport South Business Park in Middlesbrough is a modern industrial / trade park estate totalling 42,022 sq ft which was acquired in May; with the most recent acquisition being Raynesway Park in Derby, a 9 unit industrial / trade park estate measuring 66,729 sq ft.

For more details please click here to read the full press release.

Raynesway Park, Derby

Raynesway Park, Derby

 

Northern Trust Purchases 44,170 Sq Ft Estate in Wigan

Northern Trust has announced that is has purchased the multi-let 44,170 sq ft Golborne Enterprise Park in Wigan.

Northern Trust's Recent Acquisition - 44,170 sq ft Golborne Enterprise Park

Northern Trust’s Recent Acquisition – 44,170 sq ft Golborne Enterprise Park

Golborne Enterprise Park comprises a modern mixed use estate with traditional high quality, self-contained industrial buildings to the front of the estate with sizes ranging  from 4,105 sq ft up to 8,210 sq ft. The rear of the site provides self-contained office / business units from 1,000 sq ft up to 5,384 sq ft.

The Business Units at Golborne Enterprise Park

The Business Units at Golborne Enterprise Park

Tom Parkinson, Director at Northern Trust commented “We are delighted to have secured the acquisition of Golborne Enterprise Park, which will further enhance the range of units we offer the SME sector across the country. The estate will be managed by our subsidiary Whittle Jones North West team.”

For more information on Golborne Enterprise Park and current availability please contact Whittle Jones on 01257 238666 or email northwest@whittlejones.co.uk

To read the full press release please click here.

Northern Trust Sells Vortex House, Wavertree

Northern Trust has announced that it has sold its 22,900 sq ft Vortex House office building at Wavertree Technology Park in Liverpool to Lydiate Learning Trust, a developing network of schools and academies across the North West of England.

Tom Parkinson, Director at Northern Trust commented; “This was an exciting new use for the Wavertree Technology Park and Vortex House will be used as a Studio School, funded by the state, and will offer business and technology courses to 14 to 19 year olds, as well as classes in engineering, accountancy and textiles. It opens this month and the concept is to provide young people with a better, more practical understanding of the world of work before they leave education.”

Sarah Gregg, the new school’s Marketing Manager said; “The launch of Studio@Deyes is fantastically exciting for the region and we are very proud of the innovative new school we are creating.”

The new home for Studio@Deyes

The new home for Studio@Deyes – Vortex House, Wavertree Technology Park, Liverpool

Located just 1.7 miles from the end of the M62 and within 2.4 miles of Liverpool City Centre, Wavertree Technolgy Park is well connected and also has excellent public transport links with Wavertree Park Train Station within easy walking distance providing a regular direct service to Liverpool Lime Street and Manchester.

To read the full press release please click here. 

Northern Trust Completes 41,000 sq ft Acquisition In Peterborough

Northern Trust has announced that it has purchased the multi-let industrial estate, Wulfric Square in Peterborough.

The 41,370 sq ft estate comprises 30 industrial units, 8 of which are long leaseholds; and is located in Bretton, on a busy business park approximately 1 and 3/4 miles north of Peterborough City Centre. The estate offers a range of units from 625 sq ft up to 3,630 sq ft.

Northern Trust's New Acquisition in Peterborough

Northern Trust’s New Acquisition in Peterborough – Wulfric Square

Tom Parkinson, Director at Northern Trust commented “We are delighted to have secured the acquisition of Wulfric Square and are looking at other multi-let industrial opportunities in the Midlands and North of England. The estate will be managed by our subsidiary Whittle Jones Midlands team, whose portfolio now extends to over 1.3m sq ft of industrial / office accommodation across the Midlands.”

For more information on Wulfric Square and current availability please contact Whittle Jones on 0121 523 2929 or email midlands@whittlejones.co.uk

To read the full press release please click here. 

Planning Success for Northern Trust Sees Delivery of Over 2,500 Homes

Northern Trust’s Land and Development Division are delighted to announce an extremely positive 6 months with major residential planning permissions across a number of sites. The Company has been successful in securing consent for over 2,500 new houses on a mixture of greenfield and previously developed land.

Six planning permissions have been approved in Lancashire covering more than 2,000 homes, in Blackpool, St Annes, Kirkham, Pilling, Inskip and Singleton; whilst a planning application for 400 houses on a semi derelict industrial estate in North Tyneside has also recently been granted.

Planning Approval for 400 homes at West Chirton, North Shields

Stephen Glenn, Land Executive at Northern Trust commented “It has been a busy but very successful 6 months and we are pleased to have secured the planning permissions on each of the sites, some of which have been particularly challenging. We have worked closely with the respective planning authorities, members of the community and other key stakeholders to deliver much need housing. All of the sites are quite different in scale and character, but each will bring considerable benefits, including jobs, regeneration, and investment into the areas concerned, together with addressing the shortfall in local housing supply.”

Northern Trust are actively looking for new opportunities either as a straight purchase or on a planning promotion/Join Venture partnership basis. To view the full press release please click here.

 

Another Letting at Earls Court

Northern Trust Company Limited has announced completion of the letting of the first floor suite at Unit 5 Earls Court development in Grangemouth.

Earls Court, Grangemouth

Earls Court, Grangemouth

John Pipeline Ltd has moved into the first floor suite of Building 5 covering 1,452 sq ft on a 5 year lease agreement.

Jonathan Houghton, Property Portfolio Manager at Northern Trust said “The latest letting to John Bell Pipeline now means that Earls Court is over 65% occupied and is home to 6 companies. Earls Court is situated in an excellent location and offers flexible space designed to be tailored to company’s individual needs. We are hopeful, with strong interest in the remaining space that further lettings will be announced in the near future.”

Earls Court offers a range of office space with suites from as little as 2 persons (373 sq ft) upwards available on flexible terms under the Innovate brand to larger accommodation of 3,672 sq ft. Earls Court forms part of the well-established Earls Gate Business Park which benefits from excellent transport links. The scheme is well located offering direct access to Falkirk and Junctions 5/6 of the M9 are within a short distance.

To view the full press release please click here.