Planning secured for 5.5 million ft2 Goole Logistcs Hub
Developer HBD and St John’s College, Cambridge, have secured an outline planning consent to build up to 5.5 million ft2 of industrial and logistics space in Goole, in East Yorkshire.
By Liza Helps, Property Editor, Logistics Matters
THE SCHEME known as FREEPORT 36, forms part of the Humber Freeport Goole tax site, which has already been officially designated following review and approval by the Treasury and HM Revenue & Customs in 2021.
The consent allows for buildings ranging from 40,000 ft2 to over 1 million ft2 with the potential for a single building exceeding 3 million ft2. It is expected to create around 3,000 jobs in the local area. It is anticipated that the first phase will deliver circa.£130 million GDV.
The 300-acre site is located adjacent to Junction 36 of the M62 motorway with convenient access to Goole Docks and the M18.
The Humber Ports complex, which includes the four major ports of Hull, Goole, Immingham and Grimsby, is the busiest port complex in the UK. It handles approximately 17% of the nation’s trade and is located within a four-hour drive of about 80% of the UK’s population
Once operational, occupiers situated within the tax site can benefit from a range of financial incentives including Business Rates Relief, Enhanced Capital Allowances for investment in new plant and machinery assets, Stamp Duty Land Tax Relief on land purchases for qualifying commercial activity, and Enhanced Structures and Building Allowance for firms constructing or renovating buildings for non-residential use. Employers operating within a Freeport also pay 0% National Insurance Contributions on the salaries of eligible new employees at the site.
HBD was chosen following a competitive process by landowner by St John’s College, Cambridge in 2023. Outline planning application was submitted in 2024 and subsequently gained a resolution to grant consent this month subject to the conclusion of the Section 106 agreement. The next step will be to draw up detailed development plans, with the potential to start on site before the end of the year.
Letting agent is Savills.
