Completion reached at industrial development on former colliery

Northern Trust Company Ltd has confirmed work on its new 34,286 sq ft industrial development, Dale Court in South Kirkby, has been completed.

The £4m development will be officially launched at a breakfast reception on site at the end of the month. 

It has been part funded by the European Regional Development Fund provides 26 units with sizes ranging from 536 sq ft up to 3,372 sq ft.

The units are arranged in three separate terraced blocks. Units over 2,200 sq ft incorporate integral office space, with each benefiting from dedicated parking.

Neil McManus, senior development executive at Northern Trust, said: “As a brownfield former colliery site which was previously remediated it was an ideal development opportunity, but required some grant intervention to bridge the gap between delivery costs and rents for the area.   

“Following completion there has been a significant number of occupiers wishing to locate to the development to bring jobs and growth to the area.

“This demonstrates that there was demand and the European Regional Development Fund – now the levelling up fund – has supported unlocking these local business opportunities.

“Northern Trust will continue to operate the new facility alongside its wider portfolio, providing long-term SME support in the local area.”

The latest development is actively managed by Northern Trust’s regional team based in Yorkshire. The Yorkshire portfolio now covers over 1.2 million sq ft of business space in over 500 individual units. 

Dan Hodge, regional property director at Northern Trust, added: “Given the current economic climate this development shows Northern Trust’s commitment to investing in the area and creating jobs for the local economy, with the portfolio supporting in the region of 25,000 jobs across the country.

“We have already seen strong interest in the available space, and expect the first occupiers to be moving in before the end of the month.”

The three-acre site was purchased from Wakefield Council and forms part of South Kirkby Business Park Enterprise Zone.

South Kirkby Business Park consists of sites remediated for development on the former South Kirkby Colliery using The National Coalfields Programme and the European Regional Development Fund ReCHAR II Programme.     

Sanderson Weatherall (SW) is acting as marketing agents on the scheme on behalf of Northern Trust.

Jay Dhesi, of SW, said: “Dale Court is already proving popular with a number of the units already under offer and due to complete in the next few weeks.”

Click here to sign up to receive our new South West business news...