North Yorkshire 25,000 sq ft industrial facility let prior to completion
A speculatively built 25,000 sq ft industrial unit in North Yorkshire has been let to animal feed manufacturer, I’Anson Brothers.
Located in Melmerby, near Ripon, the building sits at the entrance of the new A1M50 Industrial and Distribution Park.
I’Anson Brothers made the move to expand its existing Masham operations and provide a hub to serve customers across Yorkshire and the rest of the UK.
Work is also about to start on a further 25,000 sq ft unit which has been pre-let to an existing tenant on the park.
The site, which is owned by The Potter Group, is a 10-acre extension to its already 42-acre Melmerby Industrial Estate and is less than a mile from Junction 50 of the A1M.
Chris I’Anson, managing director of I’Anson Brothers Ltd, said: “Unit 1 at A1M50 is ideally placed for us, being close both to our manufacturing in Masham and close to the motorway network.
“This means our customers from around Yorkshire and the UK will have an efficient collection point for their goods, which will help us improve our customer service and product stocks at both sites.”
Fox Lloyd Jones and Gent Visick act as joint agents for the site.
Paul Fox, director of Fox Lloyd Jones, added: “The decision to speculatively build on this location has been fully vindicated by the unit being pre-let prior to completion, further underlining the strength of demand in the North Yorkshire market for well-located sites.
“With the infrastructure in place and the building now complete, the deliverability of the site is now proven. Given this quick take up, and growing interest being shown for A1M50, we are now considering a further speculative build as part of the next phase. We have outline planning for additional units ranging from 12,000 square foot to 160,000 square foot across the remainder of the site.
“Furthermore, we are about to receive planning permission for an additional 25,000 square foot unit for the existing client, who is also looking to expand. We will therefore be starting work on this building shortly underlining the huge activity and investment in the site by The Potter Group”.
Matthew Lamb, managing director of the Potter Group, concluded: “The Potter Group is delighted to confirm this latest letting to I’Anson Brothers Limited within our A1M50 Industrial and Distribution Park.
“This development clearly demonstrates the quality of buildings on offer, coupled with an excellent location and we look forward to a long-term working relationship with Chris and the rest of the team.”
