Latest news

Urban&Civic plc, via its experienced leisure and retail subsidiary, Terrace Hill, has received provisional resolution to grant planning permission for a 99,659 sq ft foodstore and petrol filling station, along with 32,000 sq ft of industrial development at Altira Business Park in Herne Bay, Kent, from Canterbury City Council. Both the new superstore and petrol filling station are pre-let to Sainsbury’s. The intention is to speculatively develop 20,000 sq ft of industrial space ahead of the completion of the food store.

The planning application will now be referred to the Department of Communities and Local Government, following which the Local Authorities’ recommendations should be approved within 21 days. The consent is also subject to completion of Section 106 and 278 agreements. Following the receipt of full consent, the Group will either build the development itself or in joint venture with a partner. Works are expected to begin early next year with completion expected in early 2016.

Sinclair Clark advised both the landowner and developer Terrace Hill in the land acquisition and terms.