Gregory Properties has secured full planning consent from Sheffield City Council to deliver a 33,000 ft² industrial unit at Sheffield Business Park. The long established, local developer plans to speculatively build the unit to support a major shortage of new space in the region.
Gregory Properties acquired the prominent 2-acre vacant site on Europa Link from Sheffield Business Park Ltd earlier this year, adding to its portfolio of industrial developments on key strategic sites across Yorkshire.
Sheffield Business Park is an already well established 200-acre development located off Junctions 33 and 34 of the M1 and to the North of Sheffield City Centre. Current occupiers include SIG Group, South Yorkshire Police, Gleesons, TNS, Primetals and Hart Shaw.
The Park is situated within the heart of the Advanced Manufacturing & Innovation District (AMID) that has seen substantial investment from occupiers including Boeing, Rolls-Royce and McLaren.
Nick Gillott, development director at Gregory Properties, said,
“We are pleased to secure planning consent to develop this prime strategic site that is already recognised as a hotbed of cutting-edge industry and is also well placed for last mile logistics operators serving the Sheffield City Region.
“We are committed to speculatively deliver a state-of-the-art building that responds to critical demand for market ready premises, and we are confident in securing a strong occupier in the near future. We hope to be able to start construction on site by April 2023 with a view to practical completion by December 2023.”
The Harris Partnership has designed the new development to include 30,000 ft² of industrial/warehouse space with a 3,000 ft² M&E fitted office mezzanine. The steel portal frame unit will offer 9m to eaves with three ground level access doors, enhanced landscaping and carparking for 34 vehicles, secure covered cycle shelter, and gated service yard with security lighting.
The Sheffield office of Knight Frank is appointed to market the property.
Gregory Properties is an award-winning developer responsible for landmark regeneration projects including the £40m Foss Islands Retail Park York, Darlington Retail Park, Gate Park Retail Park in Rotherham, Mabgate Junction in Leeds, Wheatley Hall Park in Doncaster and the £40m Broad Street Plaza destination in Halifax.
It has a long track record of speculative industrial development with a 125,000 ft² project at Dearne Valley Parkway in Barnsley coming along.
It has most recently delivered The Refinery a £30m, 407-bed student accommodation project on the fringe of Leeds city centre and the speculative development of 150,000 sq ft of distribution space at Park 32 Pontefract on the M62.