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. 

Lanley Launches New Website Following Sale of Last House at Croston

Lanley Homes are pleased to announce the launch of their new dedicated website www.lanleyhomes.co.uk which comes following the sale of the last house at their Station Road site in Croston, a small village to the West of Chorley.

New Lanley Homes Website

New Lanley Homes Website

The Croston development provided four superb semi-detached homes which were finished to a very high standard.

Development Manager, Neil McManus commented “We always knew that this development would be popular as Croston is a sought after location. With 100ft gardens and off road parking these houses were unique in the locality. Despite these exclusive selling points we still provided a higher standard specification than is normal in this size bracket. Each home had bi-fold doors to the rear as standard and was future proofed with internet and HDMI cabling throughout.

The development at Croston has proved a huge success and now the new website is live we are hoping to build on that accomplishment through new development opportunities.”

Station Road at Croston

Station Road at Croston

Lanley Homes is looking for sites with or without planning permission. For more details please visit the new website or contact Neil McManus on 01257 238555.

To read the full press release please visit the Northern Trust website by clicking here.

Northern Trust Welcomes New Team Members to Land Team

Northern Trust (www.northerntrust.co.uk) is pleased to welcome Nick Hart and Helen Ashworth to their land team.

Nick has joined the company as Assistant Land Surveyor whilst Helen has joined as a new Planner.

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Helen brings with her a wealth of experience having worked in Planning within Local Government for over 17 years. Primarily covering development control, Helen commented about her move to Northern Trust: “I am very happy to be working at Northern Trust and am looking forward to progressing both my career and the ambitions of the company.”

Following Nick’s graduation from both undergraduate and postgraduate studies in Bristol, he moved to Lancashire to pursue a career within land and development. Nick said about his move to Northern Trust “I am pleased to be fulfilling my career aspirations at Northern Trust and am looking forward to the exciting new challenges that lay ahead.”

Northern Trust’s land and development division has been successfully promoting its own sites and third party landowner’s sites for over 25 years. In the last 24 months the team has achieved planning for c 4,500 residential units with an additional 1,500 units due to go to planning in the next 12 months.

Mike Grindrod, Director at Northern Trust added “I’m delighted to welcome Nick and Helen to our already strong team of professionals. We are actively looking for residential and commercial land opportunities to purchase promote or develop throughout the UK, and with Nick and Helen’s expertise we are confident we will achieve our future growth ambitions.”

To read the full press release please click here.

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.

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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