Retail park fully let as final lease is sealed

THE remaining unit at a new retail park in South Yorkshire has been let.

Gregory Property Group has concluded a deal to let the remaining unit at its retail venture on Great Eastern Way, Rotherham.

Car MOT and servicing group In ‘N’ Out has secured a 5,000 sq ft unit on phase two at Gate Park as part of its UK expansion programme.

Gate Park is now fully let with prime tenants including Aldi, Iceland and Home Bargains with other tenants including Pizza Hut, Barnardo’s and Formula One Autocentres.

Gregory Property Group acquired the four-acre vacant site in 2014 with a view to providing a discount goods offer to complement existing occupiers in the established retail area which include ASDA, Morrisons and The Foundry Retail Park.

Andrew Foggitt, director of Gregory Projects, said: “We are delighted to reveal the final occupier at Gate Park as we reach completion of phase two of the development.  The project is testament to the quality of the location and the need for a range of discount shopping options for the Parkgate community.”

The Leeds office of Bilfinger GVA and the Sheffield office of Knight Frank advised Gregory on the lettings.  Forward funding was secured from Bramall Properties Limited and Sheffield-based JF Finnegan was the main contractor.

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