Copley Level Capital – on behalf of its Block Industrial program and Pembury Actual Property Ltd – submitted a planning utility to North Northamptonshire Council earlier this 12 months having bought the eight-acre web site on one of many city’s prime industrial parks.
Demolition of the present constructing is near being accomplished and the development of the brand new £11m unit will begin shortly with completion scheduled for Q3-2023.
Copley Level Capital, Director, Nimit Oberoi, mentioned: “We’re more than happy to have obtained planning permission for ‘Earlstree160’ simply seven months after our acquisition. It is a testomony to the exhausting work of our staff and the optimistic and pragmatic angle of North Northamptonshire Council.
“The event is in a superb location the place there may be little or no provide of latest, high-specification industrial items.
“Earlstree 160 is finest positioned to assist fulfill the sturdy demand for Grade A city logistics and industrial house that there’s for companies working domestically, regionally and nationally.”