Proposals for new industrial scheme in A1/A14 corridor move forward following option agreement

Acting on behalf of a family trust, Eddisons has announced the successful exchange of contracts on an option agreement between the landowner and a leading national developer that means proposals for a new industrial/warehouse development in the key A1/A14 transport corridor can move forward to their next stage in 2026.

The option agreement amounts to land totalling 31 acres, of which the proposed commercial development comprising 480,000 sq ft of industrial/warehouse accommodation of mixed mid-box and a single larger unit will aim to target demand from local and regional operators.

A rigorous selection process, where Eddisons advised from the outset, saw the agent support the landowner in the final selection of a development partner with proven expertise and a track record of delivering high-quality schemes.

Eddisons has identified occupier-led companies and it will feed-in to the developer’s future strategy for the site which, given its location, has premium, UK-wide onward transport links.

Simon Parsons is the Eddisons lead in the deal and he confirms that more information about the proposed development will be disclosed as the planning application takes shape ahead of its submission to the local planning authority in 2026