The former Weetabix factory on the Earlstrees Industrial Estate, built in 1960, has been empty since 2019 when the breakfast cereal producer consolidated its Corby operations to a second factory nearby.
Its demolition is close to being completed and construction of the new unit will follow on with a view to completion by autumn 2023.聽
Copley Point Capital 鈥 on behalf of its Block Industrial program and Pembury Real Estate Ltd 鈥 submitted a planning application to North Northamptonshire Council earlier this year having purchased the eight-acre site.
The unit is designed to be BREEAM Very Good rated and will have a 12.5-metre minimum clear eaves height, 16-dock and two-level access doors, and a 50-metre yard.
Copley Point Capital director Nimit Oberoi said: 鈥淲e鈥檙e very pleased to have obtained planning permission for Earlstree 160 just seven months after our acquisition.聽 This is a testament to the hard work of our team and the positive and pragmatic attitude of North Northamptonshire Council.鈥
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