Monday, November 25, 2024

Paloma Capital wins planning consent for four units at Sutton-on-the-forest

Paloma Capital has been given planning consent for four new industrial/warehouse units  at its business park on the outskirts of York, which means the scheme now offers design and build opportunities for units up to 15,400 sq ft.

Formerly known as Green Park Business Centre, the 122,000 sq ft site on Goose Lane in Sutton-on-the-forest was acquired by Paloma Capital in 2022 and subsequently rebranded to become ‘York North’.

Jeremy Thiagarajah, Director for Asset Management and Investment at Paloma Capital said: “This site fits well with our acquisition strategy for investing in well located sites in under supplied areas.  Whilst we have already committed to a major refurbishment programme of existing accommodation, the provision of four new state of the art units will help to fulfil current demand for purpose-designed, last mile logistics space where occupiers can influence the design.”

York North benefits from strong regional connectivity, just five miles from York Outer Ring Road at Clifton Moor.

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