Author Archives: rbooth

Northern Trust is pleased to announce that construction work has started on site for their new 30,000 sq ft industrial development at Eliburn Industrial Estate.

The new scheme will complement Northern Trust’s existing ownership at Eliburn which currently comprises of 18,646 sq ft in 16 units. The new development will add 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 the larger offices benefitting from integral office space, along with dedicated parking to the front of each unit and generous circulation space.

Tom Parkinson, Director at Northern Trust commented “We are delighted to be bringing forward this strategic development, which complements our existing ownership in Livingston. This new development will complement Northern Trust’s existing ownership in Scotland; which now extends to over half a million sq ft of multi-let industrial and office accommodation in 13 locations containing over 130 individual units / office suites. Northern Trust has been steadily increasing their offering in Scotland through both new acquisitions and developments and this new development show’s our continued investment into the area whilst facilitating growth and creating jobs.”

To read the full press release please click here. 

We are pleased to confirm that work on our new 35,773 sq ft industrial development in St Helens has been completed.

The phase two development at their Gerards Park scheme located off College Street, adds 20 more units to the popular scheme. The new units have been constructed to a high specification and are arranged in 3 separate terraced blocks with sizes ranging from 818 sq. ft up to 2,900 sq. ft. The units over 1,000 sq. ft include integral office space, and there is dedicated parking to the front of each unit with good communal circulation space.

The phase two development has been 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 complements our existing ownership in St Helens. We have seen strong demand for the new space with 14 out of the 20 units already occupied in less than a month since completion. Considering the current economic climate this development shows our commitment to investing in the St Helens area whilst facilitating growth and creating jobs.”

Steve Rotheram, Mayor of the Liverpool City Region, said: “Across the city region we’re investing in transformational developments like Gerards Park that will help us to keep attracting new jobs, businesses and investment into the area. The £1m we’ve injected into the site means that St Helens will continue to grow and succeed, with local people seeing the benefits through new jobs and training opportunities.

This is the difference devolution makes – helping us to invest money into projects that make a real difference to our local economy and create new opportunities for people to succeed and get on in life.”

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

To read the full press release please click here.

Northern Trust Company Ltd is pleased to confirm that, working alongside the landowner, they have secured planning permission for 65 dwellings on the 15.8 acre site at Bulcote Steading.

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. Northern Trust has secured planning permission for the site and is now working alongside MLPL on the marketing process for disposal of the site.

The site which comprises a Grade II Listed model farm complex located within the Bulcote Conservation Area and within the Green Belt, has been the subject of extensive discussions with Newark and Sherwood District Council and Historic England regarding the future of the listed buildings. Following lengthy discussions an application for planning permission and listed building consent was submitted in 2015, supplemented by a further application in 2017. This proposed the conversion of the existing buildings to provide 24 dwellings and a community hall alongside the provision of 41 new build homes. In light of the extensive discussions with the local planning authority and Historic England the planning application was approved at planning committee in October 2020, and following detailed negotiations the S106 has now been agreed and planning permission granted.

To read the full press release please click here. 

We are pleased to announce that we agreed a planning promotion agreement with the private landowner on land at St Cuthbert’s Garden Village, in Carleton, Carlisle.

The land which extends to 176 acres is currently a Greenfield site in agricultural use. The plans for the site will be promoted in two separate phases with the aim of providing up to 750 new homes.

David Jones, Senior Land Manager at Northern Trust commented “We are actively looking for further residential and commercial land opportunities to purchase or promote throughout the UK; so we are pleased to be working with this private landowner on facilitating the plans for development of this strategic site to provide much needed new homes for the area and continue the investment for the benefit of the local community.”

Northern Trust and the landowner are working alongside Savills planning and development teams in the North West to secure the planning and to agree a land deal respectively.

To read the full press release please click here. 

We are pleased to announce that we have completed the acquisition of 2 estates at Sefton Business Park, Aintree and Raynesway Park in Derby; adding circa 78,000 sq ft to the portfolio.

Northern Trust already owns 33,269 sq ft of space at Sefton Business Park and 29,980 sq ft at Raynesway Park.  The additional units will take the total floor area at Sefton to circa 75,000 sq ft and over 66,000 sq ft at Raynesway.

Tom Parkinson, Director at Northern Trust commented “The strategic acquisition of the estates at Sefton Business Park and Raynesway Park has provided us with the opportunity to improve the range of unit sizes at both locations as we continue to our industrial portfolio through new multi-let acquisitions and developments to support the SME business community. Currently our portfolio supports over 20,000 jobs across the UK.”

Sefton Business Park is positioned in a well-established business location in Aintree, 5 miles from Liverpool City Centre. Northern Trust developed their existing ownership at the site in 2006, which provides a range of high quality multi-let units from 997 sq ft upwards.

Sefton Business Park

Raynesway Park is also located in an established business location in Derby and benefits from good transport links with Junction 25 of the M1 less than 10 minutes’ drive away. Units at Raynesway range from 4,681 sq ft.

Raynesway Park

To read the full press release please click here. 

We are pleased to announce that we have completed the acquisition of 2 detached units in Barrow adding circa 37,000 sq ft to their existing ownership at Furness Business Park.

Northern Trust already own the 13,215 sq ft Furness Gate office building and adjacent 70,171 sq ft Furness Business Park. The additional units will take the total floor area at Barrow to over 120,000 sq ft.

Tom Parkinson, Director at Northern Trust commented “The strategic acquisition of units 3 at 10 at Furness Business Park has provided us with the opportunity to expand our North West portfolio and business space offering in Barrow.  We have been expanding our industrial portfolio through new acquisitions and developments with an on-going strategy to acquire and develop quality multi-let industrial assets to support the SME business community. Currently our portfolio supports over 20,000 jobs across the UK.”

To read the full press release please click here. 

Northern Trust Company is pleased to announce that it has successfully completed the disposal of a 1.7 acre site in Burton Joyce, Nottingham via Savills Nottingham Development Team to a local developer.

Outline planning consent was granted by Gedling Council for 15 new homes on the 1.7 acre site, located off Orchard Close.

Illustrative Layout

Mike Grindrod, Director at Northern Trust commented “We are absolutely delighted that all of the hard work of the team has delivered this strategic site and concluded the sale to a local Derby based house builder.”

Ann Taylor, development director at Savills Nottingham, who led on the sale, said: “After the pandemic-related challenges experienced in 2021 it is great to see this site sold to local developer, NA Homes who will deliver niche new homes into this buoyant housing market, with a sales launch towards the end of 2022 to early 2023.”

Freeths Managing Associate Louise Mee acted for the private landowners in this sale with Donna Fraser Associate at Geldards LLP acting for the buyer to ensure a successful completion. 

Northern Trust is one of the most successful and long established land promotion company’s in the Country, with a land bank of over 5,000 acres, and is actively looking for further residential and commercial land opportunities to purchase or promote throughout the UK. If you are a landowner and want to maximise the value of your land either on a sale or promotional basis, then please contact a member of our team to discuss.

To read the full press release please click here. 

We have officially launched the first phase of our new industrial development, Turnhouse Court in Newbridge.

Turnhouse Court provides 14 industrial units totalling 29,044 sq ft; with units ranging in size from 1,089 sq ft up to 4,175 sq ft. The units are arranged 3 terraced blocks with the central block incorporating back to back units.

The high specification units have been constructed with each unit incorporating integral office space, as well as benefitting from dedicated parking directly outside the property and generous circulation space.

Turnhouse Court will be actively managed by Northern Trust’s in house managing agents Whittle Jones Scotland alongside Colliers as joint lettings agents.

Anne Maclaren, Regional Property Manager at Whittle Jones Scotland, commented “I am delighted that Turnhouse Court has officially launched, and with strong interest being shown in the available space, I hope we are also able to confirm our first couple of lettings in the very near future. This new development will complement Northern Trust’s existing ownership in Scotland; which now extends to over half a million sq ft of multi-let industrial and office accommodation in 13 locations containing over 130 individual units / office suites. Northern Trust has been steadily increasing their offering in Scotland through both new acquisitions and developments and are already working on plans for the next development site at Eilburn.”

Lewis Pentland, Director for Industrial and Logistics at Colliers added “Colliers are delighted to be working with Northern Trust on Turnhouse Court, which delivers much needed supply to the market. The tenancy agreements allow tenants immediate entry to units that suit their occupational needs.”

To read the full press release please click here. 

Metacre Ltd, a wholly owned subsidiary of Northern Trust Company is pleased to announce that it has successfully completed the disposal of their 35 acre site at Great Eccleston to Duchy Homes.

The site was master planned and promoted over a number of years which resulted in planning permission being secured for 350 new homes. The outline plans also included a new community hub with School, Medical Centre, Village Hall and shop together with 1 hectare of employment land.

Stephen Glenn, Land Director commented “We are absolutely delighted  that all of the hard work, diligence , innovation and skill of the team delivered  this complex project and worked tirelessly to conclude the sale to Duchy Homes. We wish them every success with development of this prestigious site.”

To read the full press release please click here. 

Northern Trust Company Ltd is pleased to announce that it has successfully gained outline planning permission via appeal for up to 100 new homes on a 15 acre site off on land at Lowe Hill Road, Wem.

Alongside 100 dwellings the development provides significant local benefits in the form of 10% affordable housing, public open space, community facilities and local highway improvements.

John Tootell, Strategic Land & Planning Executive at Northern Trust commented “We are delighted to have secured outline planning permission for this site. The project team, led by Andrea Caplan at Savills, have worked incredibly hard in what have been very challenging circumstances and we are thrilled the planning inspector concluded in favour of the development and allowed the appeal. This development will deliver an important allocation within the Shropshire Council SAMDev Plan, will provide much needed housing and affordable housing within Wem and will provide significant investment into the local area.

To read the full press release please click here.