Dubbed ‘Pendle Court’, the scheme is one element of a mixed-use development at Junction 13 of the M65, which also comprises an operational Petrol Filling Station (PFS).
A 3.4 acre plot at the rear of the land, has been retained by Leeds-based Eshton for development, while the rest of the site was sold for an undisclosed sum
Jonathan Chapman, director at Eshton, said: “Having achieved so much with our nearby development at Burnley Bridge Business Park, we knew there was an appetite for industrial accommodation in East Lancashire.
“When we bought the site, as an investment, in 2003 we knew it had development potential and we’re sure that Pendle Projects Ltd will work hard to deliver a successful scheme.”
Mark Taylforth, owner of Pendle Projects Ltd, said: “We’ve had our eye on this land for some time, but since outline planning was granted in June 2015, the site was even more attractive.
“East Lancashire’s industrial market is historically strong and there’s a lot of demand out there, so much so we have already agreed terms with a local manufacturer for a 10,000 sq ft unit.
“Pendle Court is literally seconds off the M65 and provides access to Lancashire and beyond via a number of motorways, so we’re looking forward to bringing these buildings to the market and delivering a new scheme for the county.”