Business park for sale in Junction 41, Penrith CA11

Location and description

A proposed new Business Park development strategically located within 0.5 miles of J41 of the M6 motorway just to the North of Penrith on the edge of the outstanding unesco Lake District National Park. Bounded by the A6 and B5305, the site is extremely well placed for access to the A66 trans-Pennine route leading to Scotch Corner (A1/M1) in the East and to Britains Energy Coast in the West. The mainline West Coast railway (London – Glasgow/Edinburgh) stops in Penrith. A popular and affluent market town, Penrith is seen as the gateway to the northern Lake District and is 6 miles North East of Ullswater.

Planning

Outline planning permission was granted on 14th June 2018 for 236,000 sq. Ft. Of B1, B2 & B8 uses. This now falls within Use Class E of the Town & Country (Use Classes)
Order 1987, as amended. Further information is available at: Reference 17/0928.

Example option scheme 1

Description

The scheme provides for approximately 160,000 sq ft of light industrial and/or office buildings along with storage/distribution and manufacturing space around a combination of unit sizes. These can be further split or linked to create larger floorplates. A hotel is positioned at the entrance to the site with all accommodation benefitting from essential car parking, turning, unloading
and circulation space. The scheme also features a development plot at its northern most point. This sits on the Stoneybeck roundabout and could suit alternative uses subject to planning.

Areas

Unit 1
5,000 ft² / 464m²
24 shared parking spaces

Unit 2
5,000 ft² / 464m²
24 shared parking spaces

Unit 3
5,000 ft² / 464m²
24 shared parking spaces

Unit 4
14,100 ft² / 1,309m²
24 parking spaces
including mezzanine floor

Unit 5
5,000 ft² / 464m²
16 shared parking spaces

Unit 6
5,000 ft² / 464m²
16 shared parking spaces

Unit 7
36,630 ft² / 3,445m²
68 parking spaces

Unit 8
51,775 ft² / 4,810m²
93 parking spaces

Unit 9
5,000 ft² / 464m²
58 shared parking spaces

Unit 10
5,000 ft² / 464m² 58 shared parking spaces

Unit 11
5,000 ft² / 464m²
58 shared parking spaces

Unit 12
5,000 ft² / 464m²
58 shared parking spaces

Hotel
13,618 ft² / 1,265m²
154 parking spaces

example option scheme 2

Description

This alternative scheme is centred around a large scale 150,000 sq ft logistics distribution unit within a substantial secure yard area incorporating integral parking.
There is potential to increase its size as well as offer additional compound parking space.
The remainder of the scheme illustrates a mix of smaller light industrial hybrid workshop / office
space which again can also be adapted to suit individual requirements. Here the hotel has been positioned in the northern most corner of the site with frontage to the A6 arterial route leading to Penrith and the Stoneybeck roundabout. The scheme provides for a total of approximately 212,700 sq ft.

Areas

Unit 1
5,000 ft² / 464m²
24 shared parking spaces

Unit 2
5,000 ft² / 464m²
24 shared parking spaces

Unit 3
5,000 ft² / 464m²
24 shared parking spaces

Unit 4
14,100 ft² / 1,309m²
24 parking spaces
including mezzanine floor

Unit 5
5,000 ft² / 464m²
16 shared parking spaces

Unit 6
5,000 ft² / 464m²
16 shared parking spaces

Unit 7
150,000 ft² / 13,935m²
150 parking spaces

Unit 8
5,000 ft² / 464m²
16 shared parking spaces

Unit 9
5,000 ft² / 464m²
16 shared parking spaces

Hotel
13,618 ft² / 1,265m²
114 parking spaces

Transport

Junction Forty One Business Park is located at Junction 41 of the M6 motorway which forms part of the main transport corridor running north-south between Birmingham and Glasgow. Close proximity to Junctions 40 and 41 provides direct access to major trunk roads the A66 and A69 linking the North East with Britain’s Energy Coast to the west.

Penrith and it’s close neighbour, Carlisle influence a large economic area due to the fact that the nearest
large city neighbours are Newcastle, some 70 miles east; Manchester 100 miles to the south and Glasgow and Edinburgh some 120 miles to the north.

The area benefits from a mix of businesses, established supply chains and a skilled, settled workforce.

Road distances / hgv drive times

Newcastle 73 miles 1 hour 28 mins
Manchester 103 miles 1 hour 48 mins
Liverpool 109 miles 1 hours 59 mins
Leeds 110 miles 2 hours 5 mins
Glasgow 114 miles 1 hour 48 mins
Edinburgh 116 miles 2 hours 21 mins
Stranraer 123 miles 2 hours 25 mins
Birmingham 179 miles 3 hours 1 min
London 301 miles 5 hours 15 mins

Rail connectivity

Penrith has excellent rail links with direct trains via the West Coat mainline to:
Glasgow 1 hour 29 mins
Manchester 1 hour 38 mins
Edinburgh 1 hour 34 mins
London, Euston 3 hours 6 mins

The Tyne Valley line connects to Newcastle via Carlisle and the world famous Settle to Carlisle line provides a rail link over the Pennines to Leeds.

Air

The Carlisle Lake District Airport continues to develop and grow dealing with private flights as well as looking
to introduce commercial flights.
There are numerous international airports within easy reach including Newcastle, Glasgow, Edinburgh, Liverpool and Manchester.

Tenure and lease terms

Our clients are prepared to consider all potential options and opportunities and will commence the development of the Business Park with an initial speculative offering of modern light industrial units.

Design and build opportunities to rent will be considered subject to tenant covenant and lease terms as well as outright development land sales where appropriate. We
welcome discussing your requirements and appraising
how we can help deliver.

All terms to be discussed with the joint marketing agents.

Costs

Each party will be responsible for their own professional costs incurred in the transaction.

VAT

VAT is applicable.

The opportunity

The site is in a strategic location providing excellent connectivity across the north of England, to Scotland and the rest of the UK. A prominent development site close to one of the UK’s most accessible motorway junctions the
site offers the potential opportunities:

• Major distribution logistic facility
• Large scale industrial/ manufacturing operation
• High tech office business park
• ev charging forecourt /station
• Hotel and restaurant
• Conference facility / venue
• Other uses

Support and assistance

As the Economic Development arm of Eden District Council, Invest in Eden are keen to work with the private sector and business community to realise new investment and employment opportunities. This is further supported by the Cumbria Local Enterprise Partnership (lep) and
working in partnership with Cumbria County Council.
Contact details for both are set out below with further information available on their respective websites.

Invest in Eden: Greg MacDonald
Economic Development Team, Eden District Council, Mansion House, Penrith, Cumbria, CA11 7YG
t: E:

Cumbria Local Enterprise Partnership: Jo Lappin
Cumbria lep, Redhills Business and Conference Centre, Redhills, Penrith, Cumbria, CA11 0DT
t: E:

Contact

For further information please contact the joint agents:

Walton Goodland:
Stephen Sewell:
M: T: E:

10 Lowther Street, Carlisle, CA3 8DA

preston o’herlihy property consultants:
Brendan o’Herlihy:
M: E:
Sara-Jane Preston:
M: E:

Albion Chambers, Albion Wharf, 19 Albion Street, Manchester M1 5LN
t: Rayner rowen developments:
Andy Lavin:
M: T: E:

New Southworth Hall, Cuerdale Lane, Samlesbury, Preston PR5 0UY