‘Joint venture is very timely’: agent
A new speculative industrial warehouse is to be constructed on the former Weetabix factory site on the Earlstrees Industrial Estate in Corby.
Site owner Copley Point Capital – on behalf of its Block Industrial programme and Pembury Real Estate Ltd – has drawn up plans for the demolition of the existing building and a scheme for a new best-in-class facility.
Plans were due before North Northamptonshire Council last month with the intention of speculatively delivering the scheme by mid-2023.
Property consultancies Prop-Search, Burbage Realty and Potter Learoyd have been instructed to seek a tenant for the 160,800 sq ft Earlstree 160 project.
Prop-Search director Richard Baker said: “There is a lack of available new stock of this size in the North Northamptonshire region so this joint venture is a very timely development. It is perfectly placed to accommodate the pent-up demand from occupiers with household names in Avon, CEVA, Weetabix and Saint Gobain proving that the business park, with its excellent transport links and access to a skilled workforce, is an attractive proposition to successful national companies.”
Pictured: The plan for the site at Earlstree in Corby.
