The site was remediated by the vendor, Harworth PLC, allowing creation of a substantial multi-modal industrial/logistics hub at an important strategic location close to the A1(M) and M62 motorway.
The Joint Venture obtained reserved matters planning approval for 1.1m square feet of warehousing space over 4 units in late 2022 and then completed on the £54m purchase.
The first 3 units, totalling 375,000 square feet together with a 30-acre ground engineered and serviced development plot were delivered on time and on budget in the following 12 months. Subsequently Cole Waterhouse achieved successful lettings to Oakfield international, Campeys of Selby and TIP across the estate.
The site is well located, both junctions 33 and 34 of the M62 are less than a 4-mile drive from Konect62. Further, an existing rail link and the adjacent Aire and Calder Navigation Canal provide the estate the potential for tr-modal (road, rail and water) connectivity.
£100m
Development Value
3
Units
375,000
Total Square Feet
Dec-23
Due for Completion
Q3 2021
Reserved Matters Planning Submission
Q4 2022
Phase 1 Construction Commences
Q4 2023
Phase 1 Construction Completes