One of the largest port development sites in the UK has come to market in Hull with Cushman & Wakefield appointed as sole marketing agent.
Associated British Ports (ABP) has launched a 453 acre (183 ha) site called Humber International Enterprise Park in the Port of Hull. The site has the potential for quayside access to the Port via a dedicated rail road link and the potential to upgrade the rail connectivity in the area to provide direct rail access.
The site lies adjacent to Hull’s eastern boundary and occupies an area between the BP Chemicals site at Saltend and the village of Paull. The area is allocated as an Enterprise Zone and currently has outline planning for development associated with renewable and low carbon industries.
The Humber is the UK’s busiest trading estuary with almost 30,000 vessel movements every year whilst Hull has established a reputation for being a hotspot for renewable energy operators and advanced manufacturing. This was recently demonstrated by Green Port Hull, a £310m project undertaken by ABP and Siemens to deliver a wind turbine blade manufacturing, assembly and servicing facility.
David Morriss, Head of Property, Humber at ABP said: “With 21 ports serving key shipping routes and located close to major supply chain networks and large conurbations ABP is an established partner in the manufacture, assembly, storage and distribution of goods throughout the country and across the world. We are delighted to be launching Humber International Enterprise Park and look forward to working with our partners to attract occupiers to this key strategic site.”
Scott Morrison, Associate in Cushman & Wakefield’s Logistics & Industrial team, commented: “This is a rare opportunity to secure development land in an unrivalled port location within the Humber Estuary. The site has the potential to completely transform this area of Hull, creating significant employment and inward investment for the region.
He continued: “Given the size and scale of the opportunity, there is potential for a number of bespoke development opportunities which can be sub-divided to suit occupier requirements. The site would be ideally suited to manufacturers and distributors seeking port related access in a location which is rich with a skilled available workforce.”
ABP and Cushman & Wakefield have been working closely with Humber Local Enterprise Partnership and the East Riding of Yorkshire Inward investment team to ready the site for development.
Alan Menzies, Director of Planning and Economic Regeneration at East Riding of Yorkshire Council said: "Humber International Enterprise Park is a truly strategic site due its synergies with the Port of Hull, Saltend Chemicals Park and the Humber Estuary. The development has the full support of public sector as evidenced by the Enterprise Zone status and earmarked Local Growth Funding to support the site infrastructure and we look forward to working with ABP to secure some exciting occupiers for the site."