Property investor Praxis Holdings secured planning permission for a large mixed-use scheme incorporating industrial and distribution units, plus around 35,000 sq ft of hotel, food and leisure space.

The 85-acre site, to be known as Frontier Park, is next to Junction 6 of the M65.

Preparatory works are scheduled to start on site in December and expected to last nine months.

The initial phase of construction is set to begin in 2016 with the first building occupied by the end of 2017. It is envisaged that the entire development will be completed within five years.

Praxis has already pre-let the 5-acre roadside element of the development to a range of nationally branded occupiers, including a drive-thru, petrol filling station and budget hotel operator.

Gabriel McLaughlin, Director and Head of Asset Management at Praxis, said: “Now that we have secured planning permission we intend to hit the ground running to turn these plans into a reality.

“We will continue to work closely with the council, as well as local businesses and communities, to maximise the potential of this site and attract high-quality commercial occupiers.”