Plans to transform a partially Grade II listed Penistone heritage site that has been derelict for years have been officially submitted for approval, following an extensive consultation process.
Fairbank Investments Limited, a family-run property and land company based in Penistone, Sheffield has submitted a significant planning application to develop Penistone’s historic coal drops, signal house, and former railway siding site.
The proposals will revitalise the historic site in the heart of the market town, transforming it into retail and office space, combined with a premium hospitality venue and contemporary business units.
Penistone’s coal drops site serves as a poignant reminder of the town’s industrial past. Recognising its cultural importance, Fairbank Investments has seized the opportunity to revitalise this historic location, preserving its heritage while welcoming a new era of economic growth.
Fairbank Investments has a proven track record of delivering successful, sustainable development projects. As previous owners of the former David Brown factory site on Green Road in Penistone, the company revitalised the site after transforming it into a new business park with offices and warehouse space.
The development created new jobs and attracted multiple businesses to the area, and showcased eco-friendly design and building practices throughout.
The proposals for the coal drops site encompass a comprehensive redevelopment plan that blends historical preservation with modern amenities.
At the heart of the project is the conversion of Grade II Listed Coal Drop Arches into retail spaces, a thoughtful restoration that will breathe new life into the historic structures while maintaining their architectural character.
The development also includes over 4,000 sq ft of premium restaurant and bar space, designed to offer a vibrant dining and social experience.
A new-build office block, spanning approximately 9,000 sq ft, will offer workspace tailored to meet the needs of modern businesses. Complementing this are four contemporary hybrid business units, offering flexible spaces designed to accommodate a range of office and light industrial uses.
The redevelopment plan also includes the conversion of the original signal house for various uses.
Antony Green, Director of Fairbank Investments Limited, said: “We are incredibly proud to bring forward this ambitious project, which reflects our deep commitment to Penistone’s heritage, economic growth, and community development. Through this carefully planned redevelopment, we aim to create a thriving business hub while preserving the town’s historical essence.”
Fairbank Investments has worked with Axis Architecture to address key planning considerations.
