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A construction firm has been awarded a £10m contract to build the start-of-the-art Horizon Youth Zone complex in Grimsby, North East Lincolnshire.
Yorkshire and Lincolnshire construction firm, Hobson & Porter, will start the preliminary works at Garth Lane in Grimsby in the next few months, preparing the ground and heritage-listed buildings ahead of the major build, which will begin this summer. The disused site was formerly home to West Haven Maltings and Migar House buildings. The maltings and grain store were built in the 19th century and are listed.
Horizon Youth Zone is being delivered by national charity OnSide, in partnership with North East Lincolnshire Council which is contributing towards the Youth Zone as part of the Greater Grimsby Town Deal. Other key supporters include Historic England, the National Lottery Heritage Fund, Ørsted, St. James’s Place Charitable Foundation, The Youth Investment Fund and private donors.Business development director from Hobson & Porter, Joe Booth, said: “We can’t wait to get started on-site on this hugely beneficial project that is going to make such a difference to so many people in and around Grimsby. OnSide have a phenomenal track record elsewhere in the UK of operating these facilities and the positive impact they have on communities is unparalleled.
“This is a very intricate, exciting project which plays to several of our strengths; not least listed, heritage building restoration, educational buildings and the creation of sports and leisure facilities. Our track record in Grimsby has been incredibly strong in recent years and we are delighted to be playing our part in turning the tide for investment in the town.”
Expected to open in early 2025, the state-of-the-art youth centre will provide thousands of young people with opportunities to engage in activities and access support from skilled youth workers, helping them to develop their skills and reach their full potential. It will be open to young people aged between eight and 19 (up to 25 for those with additional needs), seven days a week, for just 50p a visit. Members will have access to an indoor climbing wall, four court sports hall, training kitchen, music room with a recording studio, fully equipped gym, dance and drama studio, 3G kick pitch, arts and crafts room, enterprise and employability suite. Horizon Youth Zone is an independent charity with a private sector led board, and once opened, it will be part of the OnSide Network of 14 Youth Zones nationwide, supporting over 50,000 young people annually. After completion, it’s thought the centre could benefit up to 4,000 young people across the borough. Jason Stockwood, chair of the Horizon Youth Zone, said: “As chair of Horizon and someone who grew up in Grimsby, I am so proud we have reached this incredible milestone. It won’t be long before Grimsby’s young people can see the heritage buildings transformed into a space which they truly deserve. The project will also help support the wider regeneration of Grimsby Town Centre.”Leeds business park put up for sale
A well-known Leeds business park that is currently home to 18 companies and public sector organisations, that employ hundreds of people, has been put up for sale.
WIRA Business Park offers 111,197 sq ft of accommodation, in a wide range of suite sizes, spanning office spaces and light industrial units. The 4.38 acre site, which sits between Lawnswood roundabout and Horsforth’s Woodside roundabout, also has parking for 259 cars and is being marketed by Leeds property consultancy, GV&Co’s investment division, on behalf of Canmoor.
The business park was originally constructed in the early 1980’s as the headquarters of the Wool Industries Research Association (WIRA). Its two main buildings have been re-purposed in recent years to appeal to a variety of businesses.
Garry Howes, director of investment at GV&Co, said: “WIRA Business Park is well-positioned on the Leeds outer ring road. It currently produces a total passing rent of £839,720 and there are immediate asset management and ESG opportunities to grow this significantly, as well as some vacant units which are in an immediately lettable condition.
“The site also offers an attractive weighted average unexpired lease term (WAULT) of more than five years, which further enhances its credentials as a solid investment opportunity, and we’re envisaging significant interest from both local and national investors.”
GV&Co is instructed to seek offers in excess of £7.87million, reflecting a net initial yield of 10%.
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“Energy prices are falling but we will continue to stand by businesses and do all we can to help and make sure they remain competitive in a challenging market, as we have done over the winter.”
Rob Flello, Chief Executive of the British Ceramic Confederation, said: “Energy costs have dominated many conversations with our members over the past year, and remain a concern. Therefore, we appreciate that the government has recognised the issues faced by the UK ceramics sector and other energy intensive industries.“We are strongly advising our members to apply, even if their current energy prices are below the activation thresholds, to help cushion any future price hikes ahead of or during next winter. We are also highlighting the process and its deadline in the hope that it will be a smooth process.”
Businesses that become classed as an Energy and Trade Intensive Industry after the window closes will have 90 days from the first date they can apply to submit an application for support. Businesses in ceramics and textiles are among a wide range of sectors that have been able to claim further discounts on their bills between 1 April 2023 and 31 March 2024 – helping deliver on the government’s priority to halve inflation. So far the government has provided nearly £40 billion to households and businesses to help with their energy bills, which has also helped efforts to bear down on inflation. Businesses are advised to check GOV.UK as soon as possible to find out their eligibility and what they need to do to apply. Support will be backdated to 1 April and could save some around 20% on predicted wholesale energy costs. Heat networks with domestic customers can also receive a sector-specific support rate to make sure households do not face disproportionately higher bills compared to customers supported by the Energy Price Guarantee. Heat suppliers are legally required to apply for this support and pass on the discount to their customers. If heat network operators do not apply for the scheme then enforcement action can be taken. Should a heat supplier fail to undertake any corrective action they may face a penalty of up to £5,000.