Hinckley & Bosworth INVESTOR PROSPECTUS
Guide to development and relocation opportunities Hinckley Welcome
Hinckley & Bosworth Borough Council’s vision is to be a place of opportunity. 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 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 reasons to choose us
Undergoing a £1 billion programme of transformational new investment which will create approximately 10,000 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
A52 NOTTINGHAM DERBY HORIBA MIRA, vehicle engineering test and development business
East Midlands Airport • Home to the world renowned Triumph Motorcycles M1 A42 A46 22 Global company Caterpillar
LEICESTER A5 M42 HINCKLEY & BOSWORTH 21 To capitalise on manufacturing, distribution technology and the BOROUGH evolving creative sectors Hinckley
1 NUNEATON M69 Benefits from the East and West Midlands conurbations M6 A45 • A5 Birmingham A14 Airport COVENTRY Partnership working eg Leicester & Leicestershire Enterprise M42 M45 Partnership and Coventry & Warwickshire Local Enterprise • A46 Coventry M40 Airport A45 Partnership
Average House Selling Prices (August 2017) Hinckley Business Improvement District (BID) supporting Type Hinckley and Leicestershire Bosworth £ £ the town centre and keeping business local Detached 293,173 307,383 Semi Detached 185,792 190,328 Below national and regional unemployment levels Terraced 154,310 156,886 Maisonette/Flat 109,485 122,529 Average 208,251 215,454 Hinckley and Bosworth Employment and Skills Taskforce
Hinckley & Bosworth Borough Council ‐ INVESTOR PROSPECTUS 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
Caterpillar has been at its current site outside Desford for “over 65 years and is dedicated to the assembly of small construction machines, typically used on building and construction sites. The location provides us with good access to transport links and to the capable people we need to drive our business. We are proud members of the local community.” Tony Carr, Facility Manager, Caterpillar UK Limited Hinckley & Bosworth Borough Council ‐ INVESTOR PROSPECTUS Hinckley opportunites to locate
Key Development Sites Town Centre map
© Crown copyright. All rights reserved Hinckley & Bosworth Borough Council LA100018489 Published 2018
1 The Crescent 2 Trinity Lane 3 Britannia Shopping Centre
Hinckley & Bosworth Borough Council ‐ INVESTOR PROSPECTUS Hinckley opportunites to locate
Key Development Sites Borough-wide map
Key:
Major development opportunities A511 Junction 22 Hinckley & Bosworth borough B585 • Markfield
A50 B585 M1 Bagworth
Nailstone Groby Ashby Canal Thornton Barlestone Ratby M42 Twycross Barton in the Beans Leicester B582 B585 Newbold Verdon Desford Market B4116 Bosworth • Shenton Junction 21 Sheepy Cadeby Peckleton Magna Sibson • A444 Earl Shilton Ratcliffe Sutton Culey 9 Cheney A447 7 5 6 8 Witherley Barwell A5 A47 4
Higham on Hinckley the Hill Burbage M69
M6 10 Junction 1 11 •
4 MIRA Technology Park 5 Barwell Sustainable Urban Extension 6 Barwell 7 Earl Shilton Sustainable Urban Extension 8 Earl Shilton 9 Earl Shilton Westfeld Farm 10 Tungsten Park Lime Kilns 11 Hinckley Park IM Properties
Hinckley & Bosworth Borough Council ‐ INVESTOR PROSPECTUS Hinckley opportunites to locate
The Crescent Town Centre Retail and Leisure Development
Opened in late 2015, The Crescent is Hinckley’s major £80m commercial leisure scheme developed by the Tin Hat Regeneration Partnership.
It has created a modern mixed-use development, well linked to the town centre providing larger units to complement the existing town centre shops and provide a purpose built, well confgured retail scheme to meet modern needs. The scheme includes; Sainsbury's superstore, Cineworld: Five-screen multiplex cinema, TK Maxx, restaurants, new bus station and 550 car parking space.
Two units are currently available to let: Unit C1 398.3 sq.m. (4287 sq.ft.) Unit C2 413.6 sq.m. (4451 sq.ft.)
Further details are available from letting agents:
Jack Shakespeare, FHP 01159 082101 07817 924949 [email protected]
Alan Pearson, FHP 01158 411138 07876 396005 [email protected]
Hinckley & Bosworth Borough Council ‐ INVESTOR PROSPECTUS Hinckley opportunites to locate
Trinity Lane Hinckley
A high profile, 1.376 ha (3.4 acre) site on the A47 Coventry Road at the edge of the town centre. Formerly occupied by Hinckley Leisure Centre, the now cleared site presents an opportunity for a landmark development. 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 ofces.
For further details:
Hinckley & Bosworth Borough Council, 01455 255855 online contact form: www.hinckley-bosworth.gov.uk/regenerationQ
Hinckley & Bosworth Borough Council ‐ INVESTOR PROSPECTUS Hinckley opportunites to locate
Britannia Shopping Centre Hinckley
This is the town’s prime 7,400 sq.m. (80,000 sq.ft.) covered shopping centre, with its main entrance of the pedestrianised Castle Street shopping area. It includes Boots, Wilkinsons, Greggs, Peacocks, Claire’s 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:
Richard Swan, Panther Securities Plc 01707 667300 [email protected]
Hinckley & Bosworth Borough Council ‐ INVESTOR PROSPECTUS Hinckley opportunites to locate
MIRA Technology Park A UK Enterprise Zone
MIRA Technology Park ofer vehicle manufacturers and major supply chain companies the number one location in Europe for Automotive Research & Development. MIRA Technology Park ofers:
Flexible property solutions designed to your requirements
Automotive technology cluster with overs 35 major companies on site
Research & Development facilities home to the UK’s most comprehensive automotive proving ground and 38 major testing laboratories
Engineering and testing support as a world-leading centre of excellence
Skills availability and development to get you up and running quickly
Centre of the UK auto industry situated in the heart of the UK automotive sector with excellent transport links and surrounded by over 200 supply chain companies
Full details are available from:
Mira Technology Park 024 7635 5000 www.miratechnologypark.com www.horiba-mira.com
Hinckley & Bosworth Borough Council ‐ INVESTOR PROSPECTUS Hinckley opportunites to locate
Barwell Sustainable Urban Extension
Barwell is located within close proximity to the A47 and supports Hinckley as a sub-regional centre. A sustainable urban extension on the western edge of Barwell comprising of 2500 new homes, 6.2 hectares (15 acres) of employment land, a primary school, health centre, retail and community facilities is allocated within the council’s current Local Plan and has brought with it a focus for regeneration in the district centre of Barwell. This development has outline planning permission (12/00295/OUT) subject to the signing of a s106 agreement.
Further details from: Hinckley & Bosworth Borough Council, online contact form: www.hinckley-bosworth.gov.uk/regenerationQ Jamie Gibbins, Barwood Homes & Land, 01604 369221 [email protected]
Hinckley & Bosworth Borough Council ‐ INVESTOR PROSPECTUS Hinckley opportunites to locate
Barwell
Top Range Motors, Stapleton Lane A small to medium sized site, centrally located within Barwell District Centre. Top Range Motors is currently vacant and comprises of areas of hardstanding and a two storey workshop. The site is approximately 0.08 hectares (0.19 acres) and has opportunities for residential, community facility, car park or retail.
Island House, Arthur Street A derelict former ofce block and car park situated on the edge of Barwell District Centre within the Arthur Street Conservation Area. Top Range Motors, Stapleton Lane The site is approximately 0.16 hectares (0.4 acres) and has redevelopment opportunity for residential or a community facility. The site has previously been granted outline planning permission for 13 residential units (15/00250/OUT).
For further details:
Hinckley & Bosworth Borough Council, 01455 255855 online contact form: www.hinckley-bosworth.gov.uk/regenerationQ
Hinckley & Bosworth Borough Council ‐ INVESTOR PROSPECTUS Island House, Arthur Street Hinckley opportunites to locate
Earl Shilton Sustainable Urban Extension
Earl Shilton is located within close proximity to the A47 and supports Hinckley as a sub-regional centre. A sustainable urban extension for 1550 new homes, 4.5 hectares (11 acres) of employment land, a primary school, retail and community facilities is allocated within the council’s current Local Plan and has brought with it, a focus for regeneration within the district centre of Earl Shilton.
Further details from: Hinckley & Bosworth Borough Council, online contact form: www.hinckley-bosworth.gov.uk/regenerationQ Rebecca Mitchell , Barwood Homes & Land, 01604 369226 [email protected] Max Whitehead, Bloor Homes, 01827 302000 [email protected] Rob Thorley, Jelson Homes, 0116 2661541 [email protected]
Hinckley & Bosworth Borough Council ‐ INVESTOR PROSPECTUS Hinckley opportunites to locate
Earl Shilton
King William Public House, The Hollow A vacant public house with an associated car park to the rear located within the centre of Earl Shilton. The site is approximately 0.27 hectares (0.67 acres) and has redevelopment opportunities for residential, retail or a revived public house.
For further details:
Hinckley & Bosworth Borough Council, 01455 255855 online contact form: www.hinckley-bosworth.gov.uk/regenerationQ
Hinckley & Bosworth Borough Council ‐ INVESTOR PROSPECTUS Hinckley opportunites to locate
Earl Shilton
Westfeld Farm, Keats Lane A farmstead with agricultural land located on the northern edge of Earl Shilton measuring approximately 15.86 hectares (39 acres). The site has outline planning permission (14/01279/OUT) for 350 new homes, 0.6 hectares (1.5 acres) of employment starter units, expansion to existing community facilities and open space.
For further details:
Hinckley & Bosworth Borough Council, 01455 255855 online contact form: www.hinckley-bosworth.gov.uk/regenerationQ
Hinckley & Bosworth Borough Council ‐ INVESTOR PROSPECTUS Hinckley opportunites to locate
Tungsten Park Lime Kilns, Hinckley
Tungsten Park Lime Kilns is within a prime logistics location just 2 miles from J1 of the M69. Being situated on the A5 provides a strategic link to J10 of the M42 (Tamworth) & J18 of the M1 (Dirft/Crick). The scheme provides for two detached mid-box warehouse units suitable for B1C (Light industrial0, B2 (General industrial) and B8 (Storage and Distribution) operations.
The site will accommodate two units at the following size: • 26,500 square feet (2,462 square metres) 37,000 square feet (3,437 square metres) • For further details contact
Georgina Harrington, M1 Agency, 07793 461 360 [email protected]
Jenny Clarke, Tungsten Properties, 01455 613 700 [email protected]
Geof Gibson, Andrew + Ashwell, 07711 237 190 [email protected]
Nick Waddington, MWRE, 07912 770 618 [email protected] www.tungsten.uk.com/hinckleylimekilns
Hinckley & Bosworth Borough Council ‐ INVESTOR PROSPECTUS Hinckley opportunites to locate
Hinckley Park Industrial & Manufacturing Site
Hinckley Park is a new strategically located business park being delivered by local property company IM Properties Plc. Located adjacent to Junction 1 of the M69 in Hinckley, Leicestershire and on the border of the East and West Midlands, the park provides direct accessibility to suppliers, skilled labour and the Midlands supply chain. The 18 acre site is capable of accommodating a total of 450,000 sq ft and is reserved for B1 (light industrial) and B2 (general industrial) occupiers seeking bespoke design and build solutions. DPD have already committed to the site and will be opening the largest automated parcel depot in Europe in 2020. The site will also be home to Hinckley 532, a 532,500 sq ft speculatively built industrial/logistics facility.
For further details contact
CBRE, 0121 616 5555 Avison Young, 024 7663 6888 Wells McFarlane, 01455 553 888 www.hinckleypark.co.uk
Hinckley & Bosworth Borough Council ‐ INVESTOR PROSPECTUS Hinckley ingredients for success
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 Manchester A5
M6 •
M1
•
M42 Leicester Birmingham M69
• M1
•
• London
•
Hinckley & Bosworth Borough Council ‐ INVESTOR PROSPECTUS Hinckley ingredients for success
Business
MIRA Technology Park Enterprise Zone with incentives to support both new and expanding businesses
Employers already in Hinckley: Triumph Motorcycles, Caterpillar, Tesco Distribution, Hammonds Furniture Cadent, DPD, Neovia Logistics
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 campus and the Harrowbrook Construction Centre in Hinckley and sites in Nuneaton and Atherstone
New national Technology Institute for the automotive sector at HORIBA MIRA
Neovia Logistics employs over 2000 people in the UK “with approximately 70% of those people being employed in the Hinckley and Bosworth borough. With the majority of our business being located within the area it provides us with good transportation networks and an excellent employment labour pool. These are all key fundamentals that are required in the Logistics industry today.” Photograph courtesy of the University of Leicester Justin Collingwood, Operations Director, Neovia Logistics
Hinckley & Bosworth Borough Council ‐ INVESTOR PROSPECTUS Hinckley ingredients for success
Support for businesses relocating
The council and its partners offer tailored support to businesses looking to grow or locate in the borough
Using our local knowledge and key links with business support agencies and providers we can work to assist businesses in the borough
Planning Performance Agreements can be used to agree timescales for delivery and ensure the process is managed through a dedicated resource
Discretionary business rates relief for new/expanding businesses of up to 50% for the first two years of trading that meet certain criteria Our portfolio of commercial property
The council holds a range of industrial and small retail properties, which offer great potential for any business looking for premises
The council has 85 industrial units of between 45 to 300 sq.m. (500 to 3200 sq.ft.)
Located at Dodwells Bridge Industrial Estate, Merrylees Industrial Estate, Sketchley Lane Industrial Estate, Hinckley Fields Industrial Estate, The Atkins Building and Greenfields Business Park
For more information visit www.hinckley-bosworth.gov.uk/commercial-property
Hinckley & Bosworth Borough Council ‐ INVESTOR PROSPECTUS Hinckley ingredients for success
People
There are 57,600 economically active people 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. The majority of the population live in Hinckley, Burbage, Barwell and Earl Shilton with a range of cultural, sports, shopping and leisure facilities
Home to major tourist attractions including Twycross Zoo, Bosworth Battlefield Heritage Centre and Country Park, Ashby Canal and the new Triumph Factory Visitor Experience
Approximately 5,500 new dwellings are planned by 2026
Hinckley has a long history with Gas, the first Gas Works “were established on Coventry Road in 1843, today we are proud to still have a major operational site in Hinckley where we employ around 1500 people who all help to keep the gas flowing.” Sophie Woolham, Engagement and Stakeholder Lead, Cadent
Hinckley & Bosworth Borough Council ‐ INVESTOR PROSPECTUS Hinckley ingredients for success
A DETERMINATION TO SUCCEED
Developments completed recently
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 Hub, a landmark building for the Borough and County Councils, Jobcentre Plus and Citizens Advice Bureau
The 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 DPDgroup 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
We have worked with Hinckley & Bosworth Borough “Council for a number of years now and have developed really strong links with the area. Plans for our third major project in Hinckley are now well underway and our continued investment is thanks to the excellent infrastructure, including the road transport links, and quality local workforce, as well as the support we’ve received from the various local authorities. As a company that had no real connection to the area until 2014, we are proud to call Hinckley our ‘home from home’ and would strongly recommend the area to other investors.” Mark Wilkes, Director of Technical Services, DPD Group
Hinckley & Bosworth Borough Council ‐ INVESTOR PROSPECTUS Hinckley ingredients for success
Top Private Companies
Company Category Employees Turnover Aggregate Industries UK Quarrying 3214 £1,241,800,000
Bloor Investments/ Construction and 3228 £1,149,703,000 Triumph Motorcycles motorcycling manufacturing Caterpillar (UK) Construction and machinery 2432 £944,255,000
Sports & Leisure Management of facilities 4536 £121,341,000 Management Neovia Logistics Services Logistics 833 £110,732,000
Druck Ltd Measuring instruments 704 £104,293,000
Hammonds Furniture Ltd Furniture manufacturing 902 £80,327,684
A Jones & Sons Shoe retailer 840 £79,919,000
V12 Sports & Classics Ltd Car sales 85 £60,067,000
The Nuttall Group Retail display manufacturer 538 £59,310,000
BTE Plant Sales Plant wholesaler 57 £55,950,000
CJ Upton Holdings Steel & coil manufacturer 110 £49,685,000
Arctics Ltd Automotive & logistics 63 £39,989,000 recruitment Syncreon Technology (UK) Logistics 259 £39,740,000
Research Garage Group Motor retail 104 £36,787,000
TMS Ltd Volvo car dealer 72 £31,796,000
Paynes Garage (Holdings) Ford motor retailer 120 £30,586,000
Croner Group Business consultants 284 £23,645,000
Armstrong Logistics Warehousing & distribution 272 £22,902,000
Eurokey Recycling Recycling & waste 46 £21,912,000 management
Sigma Components Aerospace technologies 238 £21,177,000 (Avingtrans Aerospace) Syncreon Automotive UK Automotive components 274 £21,165,000
Horiba Mira Automotive research & testing 322 £20,783,000
Figures at 2017
Hinckley & Bosworth Borough Council ‐ INVESTOR PROSPECTUS Hinckley ingredients for success
Schools and Colleges
Bosworth Academy Brookvale High School Leicester Lane, Desford, Leics LE9 9JL Ratby Road, Groby, Leics LE6 0FP www.bosworthacademy.org.uk www.brookvalegroby.com/
Dixie Grammar School Dorothy Goodman School Barton Road, Market Bosworth, Leics CV13 0LE Stoke Road, Hinckley, Leics LE10 0EA www.dixie.org.uk www.dorothygoodman.co.uk
Groby Community College Hastings High School Ratby Road, Groby, Leics LE6 0GE St Catherines Close, Hinckley, Leics LE10 2QE www.grobycoll.com www.hastings.leics.sch.uk
The Heathfield Academy Hinckley Academy and John Cleveland Sixth Form Belle Vue Road, Earl Shilton, Leics LE9 7PA Butt Lane, Hinckley, Leics LE10 1LE www.heathfieldacademy.org www.hajc.leics.sch.uk
The Market Bosworth School Redmoor Academy Station Road, Market Bosworth, Nuneaton Wykin Road, Hinckley, Leics LE10 0EP CV13 0JT www.redmooracademy.org www.mktboshs.leics.sch.uk Saint Martins Catholic Academy South Charnwood High School Stoke Golding, Nuneaton CV13 6HT Broad Lane, Markfield LE67 9TB www.saint-martins.net www.southcharnwood.leics.sch.uk
Twycross House School North Warwickshire & Hinckley College Hinckley Campus, The Green, Nr Atherstone, Warwickshire CV9 3PQ Lower Bond Street, Hinckley, LE10 1QU www.twycrosshouseschool.org.uk www.nwhc.ac.uk
Hinckley & Bosworth Borough Council ‐ INVESTOR PROSPECTUS Hinckley & Bosworth Borough Council INVESTOR PROSPECTUS
Hinckley & Bosworth Borough Council Regeneration Team online contact form: www.hinckley-bosworth.gov.uk/regeneratonQ Telephone: 01455 255855
working in partnership with Guide to development
and relocation opportunities
01455 255855 01455
www.hinckley‐bosworth.gov.uk/regenerationQ form: contact online Regeneration Team Team Regeneration