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Hinckley & Bosworth Borough Council INVESTOR PROSPECTUS Guide to development and relocation opportunities

HBBC Investor Prospectus - hinckley-bosworth.gov.uk PROSPECTUS ... logistics and distribution centres in the UK ... town centre retail development including a Sainsburys Supermarket,

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Page 1: HBBC Investor Prospectus - hinckley-bosworth.gov.uk PROSPECTUS ... logistics and distribution centres in the UK ... town centre retail development including a Sainsburys Supermarket,

Hinckley & Bosworth Borough CouncilINVESTOR PROSPECTUS

Guide to development and relocation opportunities

Page 2: HBBC Investor Prospectus - hinckley-bosworth.gov.uk PROSPECTUS ... logistics and distribution centres in the UK ... town centre retail development including a Sainsburys Supermarket,

Hinckley & Bosworth Borough Council’s vision is to be a borough

to be proud of. The key to delivering this vision is to create a

vibrant place to work and live. As a consequence, Hinckley is

going through a transformation with an investment of over

£1billion creating approximately 10,000 jobs in Hinckley town

centre and the wider borough.

This transformation is creating exciting development and

relocation opportunities in the retail, business, education and

housing sectors. Some projects are underway with others yet to

start offering the chance for organisations to join and work

towards this vision with a determined and progressive council.

Success is dependant upon public and private sector investment

in an environment of determination and collaboration. We invite

you to consider the opportunities on offer as a location for your

business or as a place to invest and be part of a proud future.

In this prospectus we present

our vision

ingredients for success

opportunities to locate, partner and develop

Hinckley Welcome

Page 3: HBBC Investor Prospectus - hinckley-bosworth.gov.uk PROSPECTUS ... logistics and distribution centres in the UK ... town centre retail development including a Sainsburys Supermarket,

NUNEATON

DERBY

COVENTRY

M1

M69

M42

M42

HINCKLEY & BOSWORTH

BOROUGH

Hinckley

A5

A5

A42

A52

A45

A45

A46

A46

A14

M45

BirminghamAirport

CoventryAirport

East MidlandsAirport

1

22

21

M6

M40

NOTTINGHAM

LEICESTER

Undergoing a £1 billion programme of transformational newinvestment which will create over 5,000 jobs

At the heart of England, Hinckley is ideally located being only:

14 miles from Leicester 15 miles from Coventry

32 miles north east of Birmingham

London only 90 miles away and 1 hour 20 minutes by train

Direct access to the national road network, M69, M6, M1, M42

East Midlands and Birmingham airports - 30 minutes away

HORIBA MIRA, vehicle engineering test and development business

Home to the world renowned Triumph Motorcycles

Global company Caterpillar with nearly 2000 employees.

To capitalise on manufacturing, distribution technology and theevolving creative sectors

Benefits from the East and West Midlands conurbations

Partnership working eg Leicester/Leics Local Economic Partnership

Employment and skills partnership with Nuneaton & Bedworthand North Warwickshire Councils

Hinckley Business Improvement District (BID) supporting the town centre and keeping business local

Below national and regional unemployment levels

Hinckley reasons to choose us

Type Hinckley andBosworth £

Leicestershire £

Detached 228,095 291,058

Semi Detached 151,526 171,128

Terraced 131,846 134,377

Maisonette/Flat 78,333 102,474

Average 170,223 198,659

Average House Selling Prices (August 2014)

Hinckley & Bosworth Borough Council ‐ INVESTOR PROSPECTUS

Page 4: HBBC Investor Prospectus - hinckley-bosworth.gov.uk PROSPECTUS ... logistics and distribution centres in the UK ... town centre retail development including a Sainsburys Supermarket,

Hinckley vision

To have a thriving local economy

To attract and sustain investment, business growth and

entrepreneurship

To enable an environment of partnership and collaboration,

where the private and public sector come together to

invest in the future of the borough of Hinckley & Bosworth

Hinckley & Bosworth Borough Council ‐ INVESTOR PROSPECTUS

Page 5: HBBC Investor Prospectus - hinckley-bosworth.gov.uk PROSPECTUS ... logistics and distribution centres in the UK ... town centre retail development including a Sainsburys Supermarket,

Location

Situated in the centre of England

At the heart of the UK road network bounded by the M1,

M69 and M42 motorways and the A5 forms the south west

boundary of the borough

Train services to Birmingham, Coventry and Leicester and

onwards to London and the North

Less than 40 minutes to Birmingham and East Midlands

airports with direct motorway links

Located at the centre of the ‘Golden Triangle’ for large scale

logistics and distribution centres in the UK

Hinckley ingredients for success

Hinckley & Bosworth Borough Council ‐ INVESTOR PROSPECTUS

��

Birmingham

London

Leicester

Manchester

M1

M6

M1

M42

M69

���

Hinckley

A5

Page 6: HBBC Investor Prospectus - hinckley-bosworth.gov.uk PROSPECTUS ... logistics and distribution centres in the UK ... town centre retail development including a Sainsburys Supermarket,

Business

MIRA Technology Park Enterprise Zone with incentives to

support both new and expanding businesses

Employers already in Hinckley: Triumph Motorcycles,

Caterpillar, National Grid UK, Tesco Distribution,

Hammonds Furniture

In the wider region: Next, PepsiCo, 3M, Samworth Brothers

Distribution, Santander

Education

Universities close by: The University of Leicester,

De Montfort University, Leicester, Loughborough University,

University of Warwick and Coventry University

Local Colleges: North Warwickshire and Hinckley College

which has a new campus and the Harrowbrook

Construction Centre in Hinckley and sites in Nuneaton and

Atherstone

New national Skills Academy for the automotive sector at

HORIBA MIRA

Hinckley ingredients for success

Photograph courtesy of the University of Leicester

Hinckley & Bosworth Borough Council ‐ INVESTOR PROSPECTUS

Page 7: HBBC Investor Prospectus - hinckley-bosworth.gov.uk PROSPECTUS ... logistics and distribution centres in the UK ... town centre retail development including a Sainsburys Supermarket,

People

There are almost 50,000 people of working age in the

borough with the highest percentage working in

manufacturing

A workforce of 1 million within the wider region

Employment in high tech manufacturing and distribution

and logistics well above the national average in the borough

and the region

Place

The borough is largely rural in character with areas of open

farmland and small towns and villages. Almost 90% is green

open space

The majority of the population live in Hinckley, Burbage,

Barwell and Earl Shilton with a range of cultural, sports,

shopping and leisure facilities. The larger centre of Leicester

is only a few miles away

Approximately 5,500 new dwellings are planned by 2026

Hinckley ingredients for success

Hinckley & Bosworth Borough Council ‐ INVESTOR PROSPECTUS

Page 8: HBBC Investor Prospectus - hinckley-bosworth.gov.uk PROSPECTUS ... logistics and distribution centres in the UK ... town centre retail development including a Sainsburys Supermarket,

A DETERMINATION TO SUCCEED

Developments completed recently

Hinckley Hub, a landmark building for the Borough and

County Councils, Jobcentre Plus and Citizens Advice Bureau

The new North Warwickshire and Hinckley College with

courses ranging from creative arts to warehousing and

distribution

The Atkins Building , a centre for the local creative and

business community

DPD a trading division of GeoPost UK has located a

parcel delivery hub of 33,450sq.m. (360,000 sq.ft.) at

Hinckley Commercial Park creating close to 1,000 new jobs

Projects underway

The Crescent, Hinckley a public/private sector partnership

town centre retail development including a Sainsburys

Supermarket, Cineworld Cinema, a new bus station and a

collection of retail and leisure units

Hinckley Leisure Centre a new state of the art sports and

leisure building in the town centre

Hinckley ingredients for success

Hinckley & Bosworth Borough Council ‐ INVESTOR PROSPECTUS

Page 9: HBBC Investor Prospectus - hinckley-bosworth.gov.uk PROSPECTUS ... logistics and distribution centres in the UK ... town centre retail development including a Sainsburys Supermarket,

Top 12 Private Companies

Hinckley ingredients for success

Hinckley & Bosworth Borough Council ‐ INVESTOR PROSPECTUS

Company Category Employees Turnover

Caterpillar Construction machinery 1,931 £982,604,000

Bloor Holdings/Triumph

Motorcycles

Construction andmotorcycle manufacturer

2,281 £726,800,000

Sports and Leisure

Management

Management of sports andleisure facilities

2,509 £71,800,000

The Nuttall Group Retail displays 489 £61,793,000

MIRA Ltd Advanced engineeringresearch & product testing

465 £40,344,000

Syncreon Technology (UK) Warehousing anddistribution

266 £36,241,000

Paynes Garage (Holdings) Motor retailer 120 £27,931,000

Syncreon Automotive (UK) Automotive components 432 £23,042,000

Eurokey Recycling Recycling of waste material 47 £21,593,000

Bachmann Europe Model railways supplier 69 £16,627,000

Voestalpine Rotec Steel tube components 95 £16,338,000

TMS Volvo motor retailer 50 £16,280,000

Figures at 2013

Page 10: HBBC Investor Prospectus - hinckley-bosworth.gov.uk PROSPECTUS ... logistics and distribution centres in the UK ... town centre retail development including a Sainsburys Supermarket,

Schools and Colleges

Hinckley ingredients for success

Hinckley & Bosworth Borough Council ‐ INVESTOR PROSPECTUS

Bosworth Academy

Leicester Lane, Desford, Leics LE9 9JL Brookvale High School

Ratby Road, Groby, Leics LE6 0FP

Dixie Grammar School

Barton Road, Market Bosworth, Leics CV13 0LE Dorothy Goodman School

Stoke Road, Hinckley, Leics LE10 0EA

Groby Community College Ratby Road, Groby, Leics LE6 0GE

Hastings High School

St Catherines Close, Hinckley, Leics LE10 2QE

The Heathfield Academy

Belle Vue Road, Earl Shilton, Leics LE9 7PA John Cleveland College

Butt Lane, Hinckley, Leics LE10 1LE

Market Bosworth School

Station Road, Market Bosworth, Nuneaton CV13 0JT The Midland Studio College Spa Lane, Hinckley, Leics LE10 1JB

Mount Grace High School Academy Trust Leicester Road, Hinckley, LE10 1LP

Redmoor High School Academy Trust Wykin Road, Hinckley, Leics LE10 0EP

Saint Martins Catholic Voluntary Academy Stoke Golding, Nuneaton CV13 6HT

South Charnwood High School Broad Lane, Markfield LE67 9TB

Twycross House School

The Green, Nr Atherstone, Warwickshire CV9 3PQ William Bradford Community College Heath Lane, Earl Shilton, Leics LE9 7PD

Page 11: HBBC Investor Prospectus - hinckley-bosworth.gov.uk PROSPECTUS ... logistics and distribution centres in the UK ... town centre retail development including a Sainsburys Supermarket,

Key Development SitesTown Centre map

1 The Crescent

2 The Cultural Quarter

3 Hinckley Leisure Centre

4 Castle Street and Church Walk car park

5 Britannia Shopping Centre

Hinckley opportuni�es to locate

Hinckley & Bosworth Borough Council ‐ INVESTOR PROSPECTUS

© Crown copyright. All rights reserved Hinckley & Bosworth Borough Council LA100018489 Published 2015

Page 12: HBBC Investor Prospectus - hinckley-bosworth.gov.uk PROSPECTUS ... logistics and distribution centres in the UK ... town centre retail development including a Sainsburys Supermarket,

Twycross

SheepyMagna

Market Bosworth

Ratcliffe Culey

Shenton

Thornton

NewboldVerdon Desford

Peckleton

Burbage

Sibson

Groby

Ratby

B41

16

A444

B585

A44

7

A5

A511

A50

B582

B585

B585

M1

A47

Barton inthe Beans

Ashby Canal

Cadeby

SuttonCheney

Bagworth

Higham onthe Hill

Witherley

Barlestone

M4

2

Leicester

Junction 22

Junction 1

Junction 21

M6

9M6

78

911

6

Key:

Major development opportunities

Hinckley & Bosworth borough

Key Development SitesBorough‐wide map

Hinckley opportuni�es to locate

Hinckley & Bosworth Borough Council ‐ INVESTOR PROSPECTUS

Hinckley

• Markfield

Barwell

Earl Shilton

Nailstone

6 MIRA Technology Park

7 Barwell Sustainable Urban Extension

8 Earl Shilton Sustainable Urban Extension

9 Middlefield Lane

10 Nailstone Colliery - Midas 22

11 Wheatfield Way

10

Page 13: HBBC Investor Prospectus - hinckley-bosworth.gov.uk PROSPECTUS ... logistics and distribution centres in the UK ... town centre retail development including a Sainsburys Supermarket,

The CrescentTown Centre Retail Development

The Crescent is a major new town centre development including a

Sainsburys Supermarket and Cineworld five screen cinema.

A range of retail and restaurant units are available in this

development which includes a new bus station and shopper car

parking.

This development is a partnership between Hinckley & Bosworth

Borough Council and Tin Hat Regeneration Partnership (Wilson

Bowden Developments and Ashcroft).

Further details are available from letting agents:

Rob Williams, Strutt and Parker

020 7318 5153

[email protected]

Hinckley opportuni�es to locate

Hinckley & Bosworth Borough Council ‐ INVESTOR PROSPECTUS

Page 14: HBBC Investor Prospectus - hinckley-bosworth.gov.uk PROSPECTUS ... logistics and distribution centres in the UK ... town centre retail development including a Sainsburys Supermarket,

Cultural Quarter Hinckley

The area to the north of the town centre has huge potential for

redevelopment and growth and is known as the Cultural Quarter.

The area is anchored by:

North Warwickshire & Hinckley College – a development completed three years ago

The Atkins Building – A council owned successful business enterprise centre in a converted hosiery factory

The Concordia Theatre – A well used regional theatre

The Cultural Quarter is a diverse part of the town with underused

buildings and demolished factory sites. There is also an eclectic mix

of retail, museum and voluntary sector buildings, small factory units

and housing.

With a need for housing in the town centre the area is thought ideal

for new housing developments. There is also the potential for new

employment generation and especially managed workspace.

Hinckley opportuni�es to locate

Hinckley & Bosworth Borough Council ‐ INVESTOR PROSPECTUS

Further details from:

Hinckley & Bosworth

Borough Council

01455 255855

online contact form:www.hinckley-

bosworth.gov.uk/policyQ

Page 15: HBBC Investor Prospectus - hinckley-bosworth.gov.uk PROSPECTUS ... logistics and distribution centres in the UK ... town centre retail development including a Sainsburys Supermarket,

Hinckley Leisure Centre Coventry Road

A high profile, 1.376ha (3.4 acre) site on the A47 Coventry Road at

the edge of the town centre. Currently occupied by a leisure

centre this presents an opportunity for a landmark redevelopment

from early 2016. Suitable for a residential/mixed use scheme

yielding a minimum of 55 dwellings. Other appropriate uses in

addition to residential development include hotel, leisure,

retirement living and offices.

For further details:

Hinckley & Bosworth Borough Council, 01455 255855

online contact form:www.hinckley-bosworth.gov.uk/policyQ

Hinckley opportuni�es to locate

Hinckley & Bosworth Borough Council ‐ INVESTOR PROSPECTUS

Page 16: HBBC Investor Prospectus - hinckley-bosworth.gov.uk PROSPECTUS ... logistics and distribution centres in the UK ... town centre retail development including a Sainsburys Supermarket,

Castle Street and Church Walk Car ParkHinckley

This 0.33 ha. (0.8 acre) development site is in the main Castle

Street pedestrianised shopping street, between the prime

Britannia Shopping Centre and the recently refurbished Co-op

department store. It comprises a number of mixed-ownership

retail shops and a public car park at the rear.

The opportunity is for a new retail based scheme that increases

the retail floor space and general offer. This could include larger

units. There is the potential to increase car parking via a single

deck over the existing car park or roof space car parking over a

new building. The design and specific layout of any scheme here is

very flexible. The present businesses and their operational needs

will need to be accommodated.

Hinckley & Bosworth Borough Council own three of the present

shop units and the public car park. The council will be seeking a

development partner who will pro-actively lead on site assembly,

design, negotiation and developing a new high-quality integrated

retail based scheme. The timing of any such marketing is

currently being considered by the council.

Hinckley opportuni�es to locate

Hinckley & Bosworth Borough Council ‐ INVESTOR PROSPECTUS

Further details from:

Hinckley & Bosworth

Borough Council

01455 255855

online contact form:www.hinckley-

bosworth.gov.uk/policyQ

Page 17: HBBC Investor Prospectus - hinckley-bosworth.gov.uk PROSPECTUS ... logistics and distribution centres in the UK ... town centre retail development including a Sainsburys Supermarket,

Britannia Shopping CentreHinckley

This is the town’s prime 7,400 sq.m. (80,000 sq.ft.) covered

shopping centre, with its main entrance off the pedestrianised

Castle Street shopping area. It includes Boots, Wilkinsons, Argos,

Greggs, Poundworld and a 284 space covered car park. The centre

has potential for further mixed-use development including 2,000

sq.m. (21,000 sq.ft.) of retail and leisure uses, with residential

above.

Further details from:

M J Mapp, 0207 908 5500

Matthew Howard, CB Richard Ellis Investors, 0207 7268 7300

Hinckley opportuni�es to locate

Hinckley & Bosworth Borough Council ‐ INVESTOR PROSPECTUS

Page 18: HBBC Investor Prospectus - hinckley-bosworth.gov.uk PROSPECTUS ... logistics and distribution centres in the UK ... town centre retail development including a Sainsburys Supermarket,

MIRA Technology ParkA UK Enterprise Zone

MIRA Technology Park is set to become the location of choice for

global businesses operating in the transport research and

development sector. A 139,400sq.m. (1.5 million sq.ft.)

development is planned to cater for start up businesses to major

European research and development operations.

UK Enterprise Zone status affords benefits to businesses locating

to the MIRA Technology Park currently including:

Exemption from business rates

Simplified and fast track planning regulations

Access to superfast broadband

Full details are available from:

Terry Spall, Commercial Director

[email protected]

Mira Technology Park 024 7635 5000

www.miratechnologypark.com www.horiba-mira.com

Hinckley opportuni�es to locate

Hinckley & Bosworth Borough Council ‐ INVESTOR PROSPECTUS

Page 19: HBBC Investor Prospectus - hinckley-bosworth.gov.uk PROSPECTUS ... logistics and distribution centres in the UK ... town centre retail development including a Sainsburys Supermarket,

BarwellHousing: Sustainable Urban Extension

Outline planning permission has been granted for 2,500 dwellings

along with a primary school, health centre, retail and hospitality

space and a local centre which includes a community foodstore.

Over 15 acres of employment land is included in this proposal.

Further details from:

Paul Martin, Ainscough Strategic Land 01942 269791

[email protected]

Jamie Gibbins, Barwood 08701 677621

[email protected]

Benjamin Coles, Taylor Wimpey 0116 281 6400

[email protected]

Hinckley opportuni�es to locate

Hinckley & Bosworth Borough Council ‐ INVESTOR PROSPECTUS

Page 20: HBBC Investor Prospectus - hinckley-bosworth.gov.uk PROSPECTUS ... logistics and distribution centres in the UK ... town centre retail development including a Sainsburys Supermarket,

Earl ShiltonHousing: Sustainable Urban Extension

Identified in the Local Development Plan, 71.22ha. (176 acres) ofhousing expansion land with potential for 1,600 dwellings, business,retail and hospitality space including a community foodstore. Thisproposal includes 4.45ha (11 acres) of employment land.

Further details from:

Rebecca Mitchell, Barwood, 08701 677600

[email protected]

Max Whitehead, Bloor Homes, 01827 302000

[email protected]

Terry McGreal, Jelson Homes, 0116 266 1541

[email protected]

George Breed, Persimmon Homes, 0116 281 5600

Hinckley opportuni�es to locate

Hinckley & Bosworth Borough Council ‐ INVESTOR PROSPECTUS

Page 21: HBBC Investor Prospectus - hinckley-bosworth.gov.uk PROSPECTUS ... logistics and distribution centres in the UK ... town centre retail development including a Sainsburys Supermarket,

Middlefield Lane Hinckley

The site is in the north of Hinckley, close to the A47 bypass, in an

area which is predominantly residential in character.

This site was formerly used as a depot by Hinckley and Bosworth

Borough Council. Buildings have now been demolished and the

hard surfaces and foundations taken up, but note that the access

road remains.

The site is therefore available for development. A planning brief

for the site has been prepared to assist interested parties. It is

envisaged that use will primarily be residential and this does not

preclude an element for a form of care home. This site is fresh to

the market and interested parties may register their interest on

the council’s website in order to receive updated information and

an invitation to tender a best offer. The site can be inspected by

appointment.

Hinckley opportuni�es to locate

Hinckley & Bosworth Borough Council ‐ INVESTOR PROSPECTUS

For further details:

www.hinckley-

bosworth.gov.uk/property

forsale

Page 22: HBBC Investor Prospectus - hinckley-bosworth.gov.uk PROSPECTUS ... logistics and distribution centres in the UK ... town centre retail development including a Sainsburys Supermarket,

Nailstone Colliery ‐ Midas 22

The site is well located just four miles from J22 on the M1 at the

heart of the logistics ‘Golden Triangle’ between the M1, M6 and

M42. This unique location set within a 200 acre landscaped

parkland is known as Midas 22. It offers a new B8 opportunity that

has planning consent for up to 92,900 sq.m. (1 million sq.ft.) with

buildings deliverable within 12 months. It is suitable for bespoke

solutions to suit occupiers’ requirements with no planning

restrictions on either building height or hours of use.

For further details contact

Simon Lloyd, DTZ, 0121 697 7392

[email protected]

Tunde Adegbemile, DTZ, 0203 296 2071

[email protected]

Neil Curtis, Curtis Hall, 07500 966625, 01604 505672

[email protected]

www.midas22.co.uk

Hinckley opportuni�es to locate

Hinckley & Bosworth Borough Council ‐ INVESTOR PROSPECTUS

Page 23: HBBC Investor Prospectus - hinckley-bosworth.gov.uk PROSPECTUS ... logistics and distribution centres in the UK ... town centre retail development including a Sainsburys Supermarket,

Wheatfield Way, HinckleyOffice Buildings

Unit 2 & Unit 4, Canton House, Wheatfield Way, Hinckley, LE10 1PJ

Modern office building To Let, prominent road frontage,

designated car park (see photos left).

Size: 146.81sq.m. (1,580 sq.ft.) Rent: £16,000 pa

Wheatfield Way, Hinckley, Leicestershire, LE10 1PJ

Modern two storey office building For Sale/To Let, strategic and

prominent location, 61 secure car parking spaces (see photo below).

Size: 1,884 sq.m. (20,283sq.ft.) Rent: Upon application.

Further details from:

APB Property Consultants

0116 254 0382

www.apbleicester.co.uk

Hinckley opportuni�es to locate

Hinckley & Bosworth Borough Council ‐ INVESTOR PROSPECTUS

Unit 2 & Unit 4, Canton House

Page 24: HBBC Investor Prospectus - hinckley-bosworth.gov.uk PROSPECTUS ... logistics and distribution centres in the UK ... town centre retail development including a Sainsburys Supermarket,

Hinckley & Bosworth Borough CouncilRegeneration Team

online contact form: www.hinckley-bosworth.gov.uk/policyQ 01455 255855

working in partnership with