Northern Trust Officially Launches New £4 Million Industrial Development in Wellingborough

Northern Trust has officially opened the new 13 unit, 42,447 sq ft industrial development on their popular Leyland Trading Estate in Wellingborough.

The new development which is being part funded by the South East Midlands Local Enterprise Partnership (SEMLEP) Local Growth Fund was formerly unveiled at a breakfast reception on the 22nd November when Northern Trust welcomed local dignitaries, council representatives, and members of the business community to the new development.

From left to right: Tom Parkinson, Director Northern Trust Co Ltd; Councillor Tim Allebone, Borough Council of Wellingborough, The Mayor of Wellingborough (Malcolm Ward) and Judith Barker, SEMLEP’s (South East Midlands Local Enterprise Partnership) Director of Programmes & Governance.

Tom Parkinson, Director at Northern Trust commented “We are delighted to have worked with SEMLEP on this new development, which we anticipate to accommodate over 100 new jobs, adding to the estimated 20,000 jobs currently held within our portfolio of assets. We are committed to providing modern industrial accommodation to the SME sector and this new scheme will prove popular with the local business community, especially with the significant growth within the town at Stanton Cross.”

Leyland Trading Estate, which is ideally located for access to the A14 and M1, now extends to over 230,000 sq ft and is home to over 110 businesses. The new scheme has added an additional 3 separate terraced blocks of industrial and workshop units with sizes ranging from 542 sq ft up to 8,928 sq ft.

Minister for Local Growth, Jake Berry, said “We’re committed to boosting economic growth across the whole of the UK and building a Britain fit for the future. The facilities opening today will enhance the already popular Leyland Trading Estate and further develop the economy of the Midlands. The Local Growth Funding worth £1.2 million will help create over 100 new jobs and demonstrates our continued support for local businesses in the area.”

Judith Barker, SEMLEP’s Director of Programmes and Governance added “There is a well-evidenced gap in employment space for small businesses. These new workshops meet the needs of local businesses in Wellingborough, providing new space for firms to start-up and grow. It is a great investment for the area and was delivered on time and on budget.”

To read the full press release please click here.