Sunday, September 20, 2020

Major North Yorkshire development site hits market

An 18 acre North Yorkshire development opportunity site with planning in place for a major mixed-use regeneration scheme has been launched to market by the Residential Development team at CBRE Leeds acting jointly with Gent Visick.

The site is located on Station Road in Pannal, fronting the A61 and opposite Pannal railway station. Formerly the Dunlopillo Latex Foam Factory, the site is currently used as a multi-tenanted industrial facility and full vacant possession is to be gained in September 2016. The 18 acre parcel includes an additional area of pasture land fronting onto the A61 where a new dedicated access will be built directly into the site.

Outline planning permission has been granted to demolish the existing buildings and transform the site with new homes and employment space via B1 office use and A1 retail units. This is in addition to a new care home element which has already been sold to award-winning Vida Healthcare who will start on site in 2016 building a state-of-the-art care facility.

Pannal is a popular rural village within the prime commuter belt to the south of Harrogate, just 9 miles from Wetherby and 13 miles north of Leeds. The A61 runs through the village, providing good quality commuting and transport links. The village mainly comprises residential units, with the immediate surrounding area being mixed use, comprising light industrial, retail, vehicle showroom and residential. Pannal Golf Club lies opposite the site.

Mike Gorman, director at CBRE Leeds, said: “The Pannal site represents a significant opportunity for developers looking to take on a large-scale scheme within the North Yorkshire region. The project will transform the area and offers opportunities for future employment and residency, both of major benefit to the surrounding community. We anticipate a high level of interest in this unique development opportunity as sites of this nature and magnitude in locations such as this are a rare find.”

CBRE and Gent Visick are seeking offers on a subject to planning basis by 22nd January 2016.

A message from the Editor:

Thank you for reading this story on our news site - please take a moment to read this important message:

As you know, our aim is to bring you, the reader, an editorially led news site and magazine but journalism costs money and we rely on advertising, print and digital revenues to help to support them.

With the Covid-19 lockdown having a major impact on our industry as a whole, the advertising revenues we normally receive, which helps us cover the cost of our journalists and this website, have been drastically affected.

As such we need your help. If you can support our news sites/magazines with either a small donation of even £1, or a subscription to our magazine, which costs just £31.50 per year, (inc p&P and mailed direct to your door) your generosity will help us weather the storm and continue in our quest to deliver quality journalism.

As a subscriber, you will have unlimited access to our web site and magazine. You'll also be offered VIP invitations to our events, preferential rates to all our awards and get access to exclusive newsletters and content.

Just click here to subscribe and in the meantime may I wish you the very best.

Latest news

£1.1m engineering skills boost for Sheffield

In a national first, teenagers at UTC Sheffield will develop a new range of in demand high-level digital engineering skills following a £1.1 million...

Cable cleat manufacturer expands North Yorkshire headquarters

Cable cleat manufacturer, Ellis Patents, has invested £500,000 in a 25 per cent expansion of its North Yorkshire headquarters. The main element of the expansion...

Time Out: Spencer Coffin, director of Procure Direct

The weekend is just around the corner and that means another ‘Time Out’. This week Business Link talks to Spencer Coffin, director of Procure...

Yorkshire hydroelectric projects acquired

Two hydropower projects in Yorkshire have changed hands as part of a £4.74 million acquisition. The deal sees JLEN, a listed environmental infrastructure fund, swoop...

Leeds med-tech firm raises £2.2m via share placing

Surgical Innovations has successfully raised £2.2 million to reinflate working capital, invest in new product development and sustainability support initiatives. The AIM listed Leeds-based med-tech...

ITM Power part of major hydrogen partnership

Sheffield hydrogen specialist, ITM Power, is one third of a new partnership which aims to use the clean renewable fuel to help Scotland achieve...

Related news

ITM Power part of major hydrogen partnership

Sheffield hydrogen specialist, ITM Power, is one third of a new partnership which aims to use the clean renewable fuel to help Scotland achieve...

Integra targets double revenues with major expansion plans

Integra Buildings is planning a major expansion of its East Yorkshire base as it looks to continue its growth trajectory and double revenues. The modular...

Verner Wheelock celebrates 30 years in business

Food industry training experts, Verner Wheelock, celebrated 30 years in business this month. The company based in Skipton, North Yorkshire, was founded by Professor Verner...

Brazilian distribution agreement for York biotech

ProBiotix Health, a subsidiary of listed York biotech OptiBiotix Health, has signed an exclusive distribution agreement for Brazil. Brazilian group, Ayalla Marketing, will distribute OptiBiotix’s...

By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.