Boot(Henry) PLC Planning granted for 2m sq. ft. warehouse
April 27 2021 - 1:00AM
RNS Non-Regulatory
TIDMBOOT
Boot(Henry) PLC
27 April 2021
26 April 2021
HENRY BOOT PLC
('Henry Boot' or 'the Group')
Planning granted for 2m sq. ft. distribution warehouse at
Wakefield Hub
Planning permission has been granted for a new 2,000,000 sq. ft.
distribution warehouse at Wakefield Hub, a 200-acre industrial and
logistics scheme located adjacent to Junction 30 of the M62 in
Yorkshire.
The joint application was made by Newmarket Lane Ltd and
Mountpark and the decision allows for works to start on site in
May, which will include a new spine road through the scheme and
extensive landscaping. This will pave the way for the delivery of
the warehouse by Mountpark which, when complete, could see the
creation of around 1,500 new jobs.
Wakefield Hub is being delivered by Newmarket Lane Ltd, a joint
venture between the Group's property development business HBD and
Yorkcourt.
Wakefield Hub is a prime location for industrial and logistics
operators in the North of England, offering unrivalled access to
the M62, M1 and A1 and is also one of the largest regeneration
projects of its kind in the UK. Regenerating the former Newmarket
Colliery site, the development will secure vital inward investment
and create thousands of new jobs, helping to create a thriving
local economy in Wakefield.
Ed Hutchinson, Managing Director of HBD, said: "We are very
pleased that the planning committee has approved the application
for this latest development at Wakefield Hub - it's brilliant news
for Wakefield and is a huge vote of confidence in the city as a
place to invest."
ends-
Enquiries:
Henry Boot PLC
Tim Roberts, Chief Executive Officer
Darren Littlewood, Group Finance Director
Daniel Boot, Group Communications Manager
Tel: 0114 255 5444
www.henryboot.co.uk
Numis Securities Limited
Joint Corporate Broker
Garry Levin/George Fry
Tel: 020 7260 1000
Peel Hunt LLP
Joint Corporate Broker
Charles Batten/Harry Nicholas
Tel: 020 7418 8900
Hudson Sandler
Financial PR
Nick Lyon/Wendy Baker
Tel: 020 7796 4133
About Henry Boot PLC
Henry Boot PLC (BOOT.L) was established over 130 years ago and
is one of the UK's leading and long-standing property investment
and development, land promotion and construction companies. Based
in Sheffield, the Group is comprised of the following three
segments:
Land Promotion:
Hallam Land Management Limited
Property Investment and Development:
Henry Boot Developments Limited (HBD) , Stonebridge Homes
Limited
Construction:
Henry Boot Construction Limited , Banner Plant Limited , Road
Link (A69) Limited
The Group possess a high-quality strategic land portfolio, an
enviable reputation in the property development market backed by a
substantial investment property portfolio and an expanding, jointly
owned, house building business. It has a construction specialism in
both the public and private sectors, a long-standing plant hire
business, and generates strong cash flows from its PFI contract
through Road Link (A69) Limited.
www.henryboot.co.uk
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END
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