First deal for £105m business park

Cromwell Polythene is buying a 50,000 sq ft industrial building at Sherburn 2 business park at Sherburn-in-Elmet, near Leeds, to double its warehouse capacity and create new jobs.

Cromwell, which employs 33 people, is the first business to move into Glentrool Estates’ 75-acre site at Junction 42 of the A1(M). The £105m development has the capacity to create 2,250 sustainable jobs.

Jeremy Nolan, a director of Glentrool, said: “Until such time as we have a building and our first customer, we only have a field with planning permission. It is not a development. The Cromwell deal is pivotal as this demonstrates certainty of delivery for the other customers with whom we are currently working.”