Plans for a 900,000ft2 plus industrial and logistics scheme have been submitted by developer Eshton Group, in association with Castlevale, for a 52-acre site in Catterick, North Yorkshire to be known as Catterick52.
The 931,000ft2 scheme is one of the largest to be proposed in North Yorkshire and is located adjacent to Junction 52 of the A1M motorway. The proposals envisage units from 16,500ft2 – 650,000ft2 with eaves heights from 8 – 18m.
Representing a major economic opportunity for Catterick, the business park will be aimed at industrial occupiers. As the UK faces a severe shortfall in warehouse availability and the fastest rise in prime headline rents since 2018, the development poses a solution to a national problem. Eshton hopes to attract tenants from across the UK, driving business and investment into the region to provide a significant economic boost.
James Chapman, managing director at Eshton, said: “The site will be marketed nationally at a time when there is a real and urgent need for quality commercial space, and Catterick has the potential to become a hotspot in the future of UK industry.
Catterick 52 will be jointly marketed by Colliers and Dove Haigh Phillips.