November 22, 2018
New Horizon for Nottingham’s Imperial Tobacco site
Henry Boot Developments (HBD) has secured planning approval for its landmark New Horizon industrial and logistics scheme in Nottingham, which could see more than 500 new jobs return to the Thane Road site.
The 48-acre site had been home to Imperial Tobacco until production moved overseas in 2016. HBD purchased the site in 2017 in a multi-million pound deal.
The New Horizon scheme will stretch across the southern half of the site, spanning 28 acres and delivering up to 500,000 sq ft of industrial and logistics space for a variety of uses, including car dealership use to complement the neighbouring Aston Martin facility.
HBD has already completed extensive works at the site to improve the retained distribution warehouse, provide new car parking areas and a new vehicle entrance, plus heating plant and utilities to separate the warehouse from the Horizon manufacturing building, which will be demolished to make way for the new scheme.
Justin Sheldon, Regional Manager at HBD, said: “Once home to Imperial Tobacco, this site was of huge significance to the city. It’s great to see it being brought back into use, particularly given its potential to create hundreds of new jobs. Once completed, our investment in the site will be significant so we’re committed to creating a scheme that delivers real, long-term benefit to the regional economy.”
James Clements, Partner and Head of Midlands Logistics and Industrial at Knight Frank, said: “New Horizon will be one of the most well-connected sites in the region given its links to the M1 and proximity to Nottingham city centre. As with every HBD scheme it will also be of the highest quality, so we expect to receive strong interest from both regional and national occupiers.”
The joint agents are Knight Frank and JLL.