Plans to redevelop one of Penistone’s most historic sites have been approved, paving the way for new commercial and hospitality investment in the town.
Barnsley-based Fairbank Investments has received consent to transform the Coal Drops, the old Signal House, and the adjacent former railway siding into a mixed-use development. The scheme will deliver approximately 9,000 sq ft of office space, 4,000 sq ft for restaurant and bar use, and four hybrid business units designed for modern occupiers.
The project also includes the conversion of the original Signal House for flexible commercial use and the restoration of the Grade II-listed coal drop arches to create new retail opportunities.
With planning now approved, Fairbank Investments is seeking interest from local and regional businesses for tenancy and partnership opportunities across the site. The company’s focus is on preserving the area’s heritage while introducing new spaces intended to support economic growth and employment in Penistone.
The regeneration is expected to position the site as a new commercial and social destination, bringing renewed activity to a key part of the town’s industrial landscape.
