db symmetry has secured a major pre-let to chemical maker Croda on the Goole 36 Enterprise Zone in East Yorkshire.
Planning consent has been granted for 376,150 sq ft distribution warehousing space and the purchase of the 33-site on a pre-let basis from Homes England by LondonMetric Property, which has agreed to forward fund the 232,150 sq ft warehouse.
200 skilled jobs will be created during the construction phase of the project.
Croda said it is to invest more than £7 million into the fit out of the new facility.
The site will become its worldwide distribution hub for products made at its three northern UK manufacturing sites and for the European delivery of products made across its global network.
“We are delighted at the prospect of securing a site in Goole for this investment as we are hugely proud of our Yorkshire heritage,” said Maarten Heybroek, President of Croda Europe.
“Our founding Rawcliffe Bridge manufacturing site and our Global Headquarters, Cowick Hall, are both located less than 10 miles away.
“In line with our ongoing commitment to innovation and sustainability, we will use the latest technologies to minimise our environmental impact and offer the most advanced safety features to our people in a facility of this kind.”
Freddie Oakey, associate development director at Tritax Big Box REIT’s developer, db symmetry, said: “Over the last 18 months we have become increasingly active in Yorkshire, identifying strategic sites where we can develop large scale logistics schemes.
“Goole 36 alongside the existing Capitol Park site is already well-established and the letting to Croda will only further increase Goole’s standing as a premier logistics destination in the North.”
Strategically located adjacent at J36 on the M62 motorway, Goole 36 and Capitol Park provides one of Yorkshire’s largest and most high profile industrial / distribution sites offering excellent access across the whole of the UK.
Owned by Homes England, the 33-acre site is situated close to the East Coast Sea Ports of Goole, Hull, Immingham and Grimsby.
Nearby occupiers include Tesco, Guardian Glass, XPO Logistics and Drax.