Leading Yorkshire developers Sterling Capitol have submitted a planning application to the East Riding of Yorkshire Council for a new access road at Capitol Park Goole at Junction 32 of the M62.
If planning is granted, the access road will open up the 32-acre site for quality industrial development, creating 1,000 sustainable jobs.
Capitol Park Goole has already been given the go-ahead to be a large-scale employment and distribution hub.
The 32-acre site, which has a capital value of £43 million, has direct access to Junction 36 of the M62 and the Port of Goole, and sits within the Humber Enterprise Zone with potential for a dedicated rail link.
Mike Heydecke, on behalf of Sterling Capitol, commented: “This is a significant development for us, underling our commitment to Capitol Park Goole. The access road will open up the site and create much-needed business space and jobs in the Goole area.
“The site has the capacity for 500,000 sq ft of quality warehousing and distribution space. We are looking to build one substantial unit, but could subdivide into two. It is adjacent to Guardian Glass and a major Tesco distribution hub, underling the park’s credentials.
“As a company, we are extremely proud of what we have achieved in Yorkshire. Job creation is at the heart of our plans and we have developed some of the most impressive business parks in Yorkshire, with an excellent mix of tenants and facilities. Premier business locations like our Capitol Parks at Goole, Leeds and Barnsley remain popular in a testing economic climate”.
Iain McPhail, partner in the industrial team with joint marketing agents Knight Frank said: “Capitol Park represents a major opportunity in the East Riding area, offering significant potential for employment and distribution development on a strategic site close to the M62 and the ports at Goole, Grimsby, Immingham and Hull.”
Rob Whatmuff, Director, Industrial & Logistics, Colliers International, said: “Capitol Park is a significant gateway development scheme for the region. The site’s close connectivity from the port at Goole through to the UK’s motorway networks, via J36 of the M62, coupled with its Enterprise Zone benefits, will be a big attraction to large occupiers looking to neighbour the 700,000 sq. ft. Tesco regional distribution centre and the 700,000 sq. ft. Guardian Glass’ manufacturing facility.
“Siemens’ recent announcement to invest £200 million in a rail manufacturing plant adjacent to the park further endorses the location and the confirmation of the new access road enables unhindered deliverability of the consented site for up to 550,000 sq. ft.”
Planning advice for Sterling Capitol at Capitol Park Goole is provided by Leeds-based Indigo Planning.
