PLANS have been submitted for a major 52 acre business park in Catterick which is set to bring millions of pounds of investment and create hundreds of jobs.

Eshton Group, in associate with Castlevale Ltd, has submitted the plans which have been branded Catterick 52 at Junction 52 on the A1(M).

The plans look to transform the location into an industrial hub, attracting businesses from across the UK to drive local investment and employment to the region.

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Leeds-based Eshton Group is the developer behind Burnley Bridge Business Park an investment that brought £60 million of investment to the area as well as 900 jobs so far.

According to the group, the planning application for Catterick 52 “closely mirrors” the scale and scope of Burnley Bridge Business Park.

The development looks to pose a solution to a national problem of a severe shortfall in warehouse availability and the fastest rise in prime headline rents since 2018.

Eshton Group looks to attract tenants from across the UK, bringing business and investment into the region to provide a significant economic boost.

James Chapman, managing director at Eshton, said the plans represented a “landmark opportunity for Catterick.”

The vision for the scheme is to deliver jobs, investment and opportunity on “a large scale”, added the director.

He said: “The site will be marketed nationally at a time when there is a real and urgent need for quality commercial space, and Catterick has the potential to become a hotspot in the future of UK industry.

“You just have to look to the success of schemes of similar scale to understand the impact that a major commercial development could have on the area’s economy.”

Mr Chapman stressed that similar schemes unlock “countless” commercial and economic opportunities within the local area.

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He added: “These have had a real impact on the lives of local people and the way that they are perceived both regionally and nationally.”

Martin Foster of Castlevale said the site must be one of the best in “the north of the country for manufacturing and distribution.”

He added: “It is immediately adjacent and with substantial frontage to the A1M, close to Catterick Garrison and a strong local workforce.

“Castlevale is delighted to be working with Eshton Group who have a strong track record, proven experience and the resources to deliver this scheme and all the economic benefits it will bring to the region.”

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