NORTHERN TRUST SELLS FOUR AND A HALF ACRE SITE TO WAINHOMES

9th August 2017

Northern Trust (www.northerntrust.co.uk) is pleased to confirm that they have sold a 4.5 acre site that formed part of their East Tame Business Park in Hyde to Wainhomes.

Northern Trust gained outline planning permission in 2015 for up to 49 residential dwellings on a surplus part of their East Tame Business Park. A reserved matters application was submitted in 2016 and remediation of the site was completed in March 2017. Northern Trust has retained 229,179 sq ft of the estate which is now fully occupied.

John Tootell, Planning Manager at Northern Trust commented “We are delighted to have secured the redevelopment of this part of the East Tame Business Park. We have worked closely with Wainhomes on the sale and look forward to seeing the new housing development come to fruition which will provide further investment into the area.”

Peter Barlow, Managing Director in the North West for Wainhomes said “We see this development as an exciting opportunity to redevelop a ‘brownfield’ area of land located in a very sustainable and accessible location which will further enhance the localities housing offering of luxury 3 and 4 bedroomed family homes. Wainhomes has targeted Tameside as a key strategic location to invest in due to its proximity to Manchester and Stockport and excellent road and rail network. This development will be the first of many within Tameside and therefore see this development as part of a long term investment within this ambitious Borough”.

For more details please visit the Northern Trust website at www.northerntrust.co.uk

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Notes to Editors:

Press Enquiries; Northern Trust/Whittle Jones: Rosalyn Godsmark, 01257 238555 or rgodsmark@lyntonhouse.com