Why let a few facts get in the way of the speculation?

Maybe they sold it prematurely........

The 'catalyst' comment refers to the original sale back in 2016.

fjencl..
We are both wrong I`m afraid not helped by poor local newspaper reporting.
Reading several reports carefully together it is thus...
Your header "the sale would be a "catalyst" for inward investment at the airport is old news & was a statement by Stobart Group in 2016 when the logistics centre was sold by them originally.
The sale today is Stobart`s landlord selling the premises on & as is stated by them today this is not a Stobart Group sale.
A question remains tho where were the £16.925m proceeds from 2016 "invested",not it appears so much in CAX.

Thanks very much for that clarification.......

Looking at the plans for the new passenger terminal proposed, is it not the case that it is connected/incorporated to the distribution centre.

Interesting times maybe/not ahead.........for passenger flights.

Time will tell, how much time nobody knows.

Summer 2018 !!!!!!!

I thought it was alongside the distribution centre, but a separate building - not physically connected.

My understanding was that it was to be incorporated into the top right corner of the existing freight distribution building. Unfortunately I can't find any drawings to back up that plan.

You're reading too much into it. It's just juggling money around on the balance sheet to free up cash for future investments - why have £16m of cash tied up in a warehouse, when you can sell it on, free up the cash and re-invest it somewhere else?

Stobarts signed a 20 year lease on the building after selling it, so they'll be around for a long time yet.

Maybe news will be forthcoming at this event
 

Looks like plans have changed again....

I just came across this proposal for "Eden Park":
Eden Park. A landmark North West business development

This land designated for Eden Park was originally earmarked for aircraft stands, some intended for use as part of scheduled movements, others designed for aircraft storage.

There now doesn't appear to be any sort of plan for aviation related activity at the airport. Surprise surprise :)

Time will tell...........

The diagrams showing the land available for development certainly seem to include the area where planning permission has been granted for the new terminal/Stobart Rail HQ building.

I'm not aware of any plan for a new terminal other than inside the existing freight distribution building, or of a stobart rail HQ. Here is the original site plan, as approved:

https://i.imgur.com/Wp91RN8.png

Here's the latest planning application from June this year:


17/0568 | Variation Of Condition 2 (Approved Documents) Of Previously Approved Permission 10/1116 To Enable The Construction Of A Stobart Rail And Terminal Facility Including Minor Changes To The Apron, Circulation Areas And Landscaping | Carlisle Ai

Thanks SWBKCB, just found them. Silly me, you know the one place I didnt look for the plans? This thread!

Here's the new proposal, a standalone terminal on the other side of the freight distribution centre. All in all, this may be a good thing for the airport. The expanded industrial estate will bring in extra revenue, which will help to keep the doors open. Hopefully the tenants will generate some cargo demand too, and bring in the occasional cargo flight.

https://i.imgur.com/xNr63BB.jpg

But the brochure for the new Eden Park development shows the site of the terminal up for grabs, and one of the proposed layouts shows an industrial unit in the middle of the terminal apron.

There is no new terminal (more realistically Stobart HQ building) anywhere to be seen in the Eden Park bumph

hedging their bets? If no-one wants the space, they'll build a terminal... eventually?

I am sure the Eden Park had a date of December 2016, then the new revised Plans/details came into effect June 2017, we shall see what/if happens in the near future with any announcements/news forthcoming after the 7th December meeting.

I feel sure the terminal will need more than the 90 car parking spaces that show on the above plan if it is to have enough passengers to make it viable, is there a long term car park somewhere? How many spaces do other small airports have ( Teeside?)

Don't need many spaces for a couple of ATR's a day. If you look at the terminal plans, it's an office block for Stobart Rail with very basic facilities for limited pax numbers (still a step up from the current terminal...)