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ABP launches 50-acre Immingham development
[ October 25, 2017 // Chris ]Warehouse and industrial units that will be able to accommodate around 1,500 employees are on course to be built on
ABP is planning a major warehouse and industrial development at Imm-Port, a 50 acre site at Kings Road close to the Port of Immingham purchased recently from the Brocklesby Estate.
Following receipt of planning permission for B1 (Light Industrial), B2 (General Industrial) & B8 (Warehouse & Distribution) uses and with financial assistance from the Humber LEP’s Business Loan Fund initial intention was to develop out the site on a piecemeal basis, but ABP later agreed to buy the whole area.
PPH Commercial has been appointed as agents for the sale or lease of the 10 units, which will total 900,000 sq ft and range in size from 20,000 sq ft to 475,000 sq ft. ABP will also consider plot disposals.
PPH Commercial divisional director, Duncan Willey, said: “This is the largest site to be sold in the area this year. It’s a strategic site, located close to the UK’s largest port with good road access to the A180 and M180. It will help to meet the pent up demand for industrial units, possibly office accommodation and haulage related uses in the area.”
He said that with port traffic increasing, there is currently a lack of quality accommodation off the port estate.
Construction work on the units is due to begin early next year and although the site will mainly provide accommodation for port-related users, there will also be availability for warehouse, distribution, service and manufacturing industries, he added.
Chair of the Humber LEP, Lord Haskins, added: “As a promoter of the Humber Enterprise Zone we are sure once the build phase is completed, the incentives provided by Enterprise Zone status will allow Immingham Port to attract new business to the area and contribute greatly to driving growth of the Humber Economy for the benefit of our communities.”
Tags: ABP