Plans unveiled to revitalise derelict industrial site

Plans to turn a partially Grade II listed Penistone heritage site which has been derelict for years have been submitted for approval, following extensive consultation.

Fairbank Investments Ltd, a property and land company which has been working with Axis Architecture, has put forward proposals to develop Penistone’s historic coal drops, signal house, and former railway siding site.

The plans aim to revitalise the site, transforming it into a development comprising retail and office space, combined with a hospitality venue and contemporary business units.

As previous owner of the former David Brown factory on Green Road in Penistone, Fairbank Investments regenerated the site by turning it into a business park with offices and warehouse space.

The business says its proposals for the coal drops site encompass a comprehensive redevelopment plan, which blends historical preservation with modern amenities.

At the heart of the project is conversion of Grade II Listed Coal Drop Arches into retail spaces.

The development also includes over 4,000 sq ft of premium restaurant and bar space.

This hospitality venue will feature an outdoor terrace with access from the Trans-Pennine Trail, as well as a reception lobby and lounge area.

A new-build office block, spanning approximately 9,000 sq ft, will offer workspace.

Complementing this will be four contemporary hybrid business units, providing flexible spaces designed to accommodate a range of office and light industrial uses.

Redevelopment will also include conversion of the original signal house to provide versatile opportunities for business or community use.

Antony Green, director of Fairbank Investments, said: “We are incredibly proud to bring forward this ambitious project, which reflects our deep commitment to Penistone’s heritage, economic growth, and community development.

“Through this carefully planned redevelopment, we aim to create a thriving business hub while preserving the town’s historical essence.”

Led by Andrew Pedley, the Real Estate team at Blacks Solicitors in Leeds acted on behalf of Fairbank on the acquisition of the former railway site in Penistone and continues to provide advice on its development.