Huntingdonshire District Council has purchased a six-acre industrial scheme in Normanton for an undisclosed sum.

Developed by Kier Property and in a JV with Maple Grove Developments and its partner Yorvale, the Tri-Link140 industrial scheme offers 142,338 sq ft of industrial and distribution space and is located a one minute drive from J31 of the M62.

The six-acre site also includes two storey office accommodation, 13 dock level loading doors and 160 parking spaces.


Tom Gilman Kier Property's managing director for the north, said: "Selling this scheme to Huntingdon District Council demonstrates our ability to offer quality products to the market with a long-term investment angle. This strategy continues to promote our ethos as a leading UK trader developer."

In a statement, Huntingdonshire District Council commented: "The Tri-Link 140 acquisition forms part of the District Council's Commercial Investment Strategy and Business Plan. The primary aim of the strategy is to generate an income stream that supports and secures the delivery of Council services into the future."

(CM/MH)