Work Starts on New £3 Million Industrial Development in Rochdale

Northern Trust is pleased to confirm that construction of their new 26,500 sq ft industrial development in Rochdale has commenced.

The new development at Sandbrook Business Park will add 11 workshop / industrial units and 3 hybrid business units. The workshop / industrial units will be arranged in two facing terraced blocks with units ranging in size from 550 – 2,215 sq ft; whilst the hybrid / business units will be split into two semi-detached units of 3,250 sq ft and a standalone unit of 5,164 sq ft.

The new development will complement Northern Trust’s existing ownership at the Park which provides 18,454 sq ft of modern office accommodation, split into 3 detached 2 storey buildings.

To read the full press release please click here.

Northern Trust Completes Sale of 76 Acre Site in Telford to Vistry Group

Northern Trust is pleased to confirm that they have completed the sale of a 76 acre site to Vistry Group, facilitating the delivery of 450 homes in Telford.

Northern Trust entered into a promotion agreement with the landowners in 2013 following which the site, located within the open countryside to the east of Telford, has been subject to an extensive planning strategy, resulting in the grant of outline planning permission in November 2017 for up to 450 new homes, retail floor space, a public house, open space and associated landscaping.

Northern Trust and Vistry have since worked collaboratively on the reserved matters application and the discharge of relevant conditions, with Vistry securing reserved matters planning permission for 450 dwellings in March 2021.

To read the full press release please click here.

Northern Trust Completes Sale of Land at Louth to Gleeson

Northern Trust is pleased to confirm that they have completed the sale of a 24 acre site in Louth to Gleeson.

The site is situated off Brackenborough Road in Louth and comprises land partly owned by Northern Trust and partly by a local landowner. Northern Trust has been working in partnership with the landowner since 2016.

Proposed Layout

The site benefits from an allocation on part of the site for 129 dwellings, with the remainder in open countryside. In December 2018 Northern Trust secured outline planning permission for up to 171 new home and Fisher German subsequently marketed the site for sale. Following an extensive marketing campaign Gleeson was selected as the preferred developer.

In March 2021 Gleeson secured detailed planning permission for 237 dwellings alongside significant highways improvements, a children’s play area, extensive public open space, enhancements to the Round Louth Walk, landscaping and wider infrastructure.

To read the full press release please click here. 

Northern Trust Completes Sale of Land at Inskip to Concert Living

Northern Trust is pleased to confirm that they have completed the sale of a 3.71 acre site in Inskip to Concert Living.

The site, situated off Preston Road, and is situated approximately 8.5 miles from Preston was granted outline planning permission for up to 30 new homes last year. It is the fourth site in Inskip that Northern Trust has secured planning consent for in recent years.

Concert secured the approval of their reserved matters scheme from Wyre Borough Council on 7th January 2021 for 30 homes, ranging from 2 bed bungalows to 5 bed detached family homes.

To read the full press release please click here. 

Planning Permission Granted for up to 120 New Homes in Gedling

Northern Trust Company Ltd is pleased to announce that it has successfully gained outline planning permission for up to 120 new homes on a 10 acre site off Burton Road in Gedling on behalf of the landowner.

The site is owned by Midlands Land Portfolio Limited (MLPL) the property development arm of Severn Trent, with Northern Trust acting as their planning promotion partner.

Illustrative Layout

The proposed development has been the subject of extensive dialogue with Gedling Borough Council, taking the site from being within the Green Belt to an allocation within the adopted Gedling Local Plan and now with the benefit of planning permission.

Alongside 120 dwellings the development provides significant local benefits in the form of 20% affordable housing, public open space, financial contributions towards primary school provision, library and health facilities and bus stop enhancements. The planning application was submitted in December 2019 and considered at the planning committee in August 2020. Following several months of negotiations on the Section 106 Agreement planning permission was granted on 29th January 2021.

To read the full press release please click here.

Northern Trust Acquires Circa £6.5 million Industrial Development

Northern Trust Company Ltd is pleased to announce that they have completed the acquisition of a North East industrial portfolio from BizSpace.

The portfolio comprises of 10 multi-let industrial estates totalling over 146,000 sq ft located in Northumberland, Durham, Sunderland, Stockton-on-Tees and Cleveland.

Dubmire Industrial Estate, Houghton le Spring

Tom Parkinson, Director at Northern Trust commented “We have been expanding our multi-let industrial portfolio through new acquisitions and developments; and are delighted to complete this latest acquisition which offers good quality industrial space, which will complement our existing sites in North East. This acquisition forms parts of our on-going strategy to acquire and develop multi-let industrial assets to support the SME business community, with our current portfolio housing in the region of 18,000 jobs.”

To read the full press release please click here. 

Work Starts on New £4 Million Industrial Development in St Helens

Northern Trust is pleased to confirm that work on their new 35,600 sq ft industrial development in St Helens has started on site.

The phase two development at their Gerards Park scheme located off College Street, will add 20 more units to the popular scheme. The new units will be constructed to a high specification and will be arranged in 3 separate terraced blocks with sizes ranging from 818 sq ft up to 2,906 sq ft. The units over 1,000 sq ft will include integral office space, and there will be dedicated parking to the front of each unit with good communal circulation space.

The phase two development is being part funded by the Local Growth Fund. Local Growth Funding is awarded to the Liverpool City Region Local Enterprise Partnership (LEP) and invested through the Liverpool City Region Combined Authority through its Strategic Investment Fund.

Mike Grindrod, Director at Northern Trust commented “We are delighted to have the support of Liverpool City Region Combined Authority in bringing forward this strategic development, which will complement our existing ownership in St Helens and provide much needed workshop accommodation for small and medium sized enterprises looking to set up or relocate to the area. Considering the current economic climate this development shows our commitment to investing in the area and creating jobs for the local economy.”

Steve Rotheram, Metro Mayor of the Liverpool City Region, said:

“We’ve invested £1m to help the site continue to grow and succeed. I want to ensure that we’re able to offer outstanding facilities that will keep attracting new businesses and jobs to St Helens, which is especially important given the impact of COVID these past few months.

“Retaining as many jobs and businesses and as much investment as possible, while attracting more will be really important in helping our region recover from the economic effects of this pandemic, but we’re already making a start.”

Councillor David Baines, Leader of St Helens Borough Council, commented: “Growing the local economy and attracting new jobs and investment was a priority for us before Covid, and it’s even more important now. Gerard’s Park is already a thriving site and this new development will add significantly to that. This scheme also demonstrates the value of partnership working, and it’s the latest evidence of the benefits of our membership of the Liverpool City Region.”

Minister for Regional Growth and Local Government, Luke Hall MP said:

“We’re giving business across the country the resources and opportunities they need to succeed. That’s why we are backing the Gerard’s Park scheme with a Local Growth Fund investment of over £1 million. The additional space will allow more SMEs to set up or relocate to Liverpool, boosting jobs and opportunities for the community.”

The new development sits alongside Northern Trust’s existing Gerards Park scheme which was developed back in 2012 and when completed will be actively managed by Northern Trust’s in house managing agents, Whittle Jones.

Northern Trust’s current ownership in St Helens extends to over 63,000 sq ft across 3 estates, in 62 units. All three estates are currently fully occupied and home to 61 different businesses.

For more details on the phase two development at Gerards Park or to register your interest please contact the Whittle Jones North West office on 01257 238666.

 

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Notes to Editors:

Press Enquiries; Northern Trust/Whittle Jones: Rosalyn Godsmark, 01257 238555 or rgodsmark@lyntonhouse.com

 

 

Strategic Investment Fund

“ The Strategic Investment Fund (SIF) is the key funding tool for promoting economic

growth for the Liverpool City Region. It supports the delivery of the City Region’s strategic priorities as well as unlocking economic potential and accelerating

inclusive growth.

 

For more information visit: https://www.liverpoolcityregion-ca.gov.uk/growing-oureconomy/strategic-investment-fund

 

 

Local Growth Fund

“ Local Enterprise Partnerships are playing a vital role in driving forward economic

growth across the country, helping to build a country that works for everyone.

That’s why by 2021 Government will have invested over £12bn through the Local

Growth Fund, allowing LEPs to use their local knowledge to get all areas of the

country firing on all cylinders.

 

For more information visit: www.liverpoollep.org/funding/local-growth-fund

 

Northern Trust Acquires 50,000 sq ft of Industrial Space in Leyland

Northern Trust is pleased to announce that they have acquired c50,000 sq ft of multi let industrial space in Leyland, near Chorley. The three estates consist of two courtyard schemes at Peregrine Place and Osprey Place, and a semi-detached unit at Marathon Place.

Peregrine Place

The schemes are located in the established Moss Side Employment Area of Leyland.

Tom Parkinson, Director at Northern Trust commented “We have been expanding our multi-let industrial portfolio through new acquisitions and developments; and this latest acquisition offers good quality industrial space which will complement our existing sites across the North West. This acquisition forms parts of our on-going strategy to acquire and develop multi-let industrial assets to support the SME business community, with our current portfolio housing in the region of 18,000 jobs.”

To read the full press release please click here. 

 

Works at Turnhouse Court, Newbridge Progressing

Northern Trust is pleased to confirm that works are progressing well on the construction of the first phase of their new development in Newbridge, Turnhouse Court.

When completed this first phase at Turnhouse Court will provide 14 industrial units totalling 28,413 sq ft; with units ranging in size from 1,045 sq ft up to 4,154 sq ft. The units will be arranged into 3 terraced blocks with the central block incorporating back to back units.

The units will be constructed to a high specification and will each incorporate office space. There will be dedicated parking to the front and generous circulation space.

Jonathan Houghton, Property Portfolio Manager at Northern Trust commented “With works on site progressing well, I am pleased to confirm that we have now appointed Colliers as our joint letting agent for the scheme. This new development will complement our existing ownership in Scotland; which once completed will extend to over 470,000 sq ft of multi-let industrial and office accommodation.”

Lewis Pentland, Associate Director for Industrial and Logistics at Colliers added “We are delighted to be working with Northern Trust on their new scheme at Turnhouse Court. Whilst these are challenging times, the Edinburgh market has actually seen significantly greater take up in the YTD compared to 2019. This scheme will no doubt address the demand for smaller units in a location where such supply is low.”

To read the full press release please click here. 

Planning Application Submitted for New Multi-Let Industrial Development in Livingston

Northern Trust is pleased to confirm that they have submitted plans for the development of an additional c 30,000 sq ft multi let industrial scheme adjacent to their existing Eliburn Industrial Estate in Livingston.

The plans include the creation of 13 new units arranged in 3 terraced blocks. There will be a single terrace of trade counter units and two terraces of industrial / workshop units. Unit sizes range from 1,108 sq ft up to 3,339 sq ft with each benefiting from integral office space, dedicated parking to the front of each unit and generous circulation space.

If the plans are approved, the new development would represent a £3 million investment by Northern Trust.

To read the full press release please click here.