Forty thousand square feet of high quality industrial space has secured full planning consent at Anlaby Retail Park in Hull.
The Derwent Group, which owns the strategic development site, submitted plans to bring forward a long-consented industrial scheme in June. Work is now expected to start on site in mid 2022, ready for practical completion in early 2023.
Located to the north east of the popular retail park, the new 40,000 sq. ft scheme will be split into a number of individual units for B2 and B8 use. Units will range in size from 1,500 sq. ft to 10,000 sq. ft, with the option of adding a mezzanine floor.
Andrew Day, Senior Asset Manager at The Derwent Group which owns the Anlaby Retail Park site said: “We’re delighted that we can now push forward with this scheme and bring flexible and modern industrial accommodation to the local market.
“Our vision for this site is in keeping with The Derwent Group’s wider commitment to expand our industrial portfolio with high quality space in strategic locations where there is already strong amenity and good road connectivity.
“We’re currently in the process of procuring a contractor and expect work to start on site in the spring.”
David Garness, Director at Garness Jones, acting agent for the scheme said: “This is tremendous news and we expect to see high demand for the scheme. It’s been designed to reflect local market demand with a number of smaller units available, plus it has the benefits of easy access to the retail park, city and motorway network.”
Anlaby Retail Park is situated in the affluent suburb of Anlaby, 4.5 miles from Hull city centre and comprises 12 units totalling 103,000 sq. ft of retail space. The park is home to M&S Foodhall, Next, Costa and Pure Gym among others.
The Derwent Group is part of the Albert Gubay Charitable Foundation and operates in the retail, leisure, industrial, commercial and residential sectors. The Derwent Group owns and manages 3 million sq. ft of commercial property including 2.1 million sq. ft of retail and leisure space.