Investor snaps up Worksop business park

Northern Trust has bought Vesuvius Business Park in Worksop.

The estate set on 4.13-acre site comprises 16 trade counter units and three retail buildings totalling 46,921 sq ft. The development of the site was completed in 2021 and current occupiers on site include, Kitchen Craft, Burger King, Just Tyres and Subway.

Tom Parkinson, director at Northern Trust, said: “This high quality development compliments our Midlands portfolio as we continue to expand through strategic multi-let acquisitions and developments. Currently our portfolio supports in the region of 25,000 jobs across the UK providing space for the SME business community.”

MK2 Real Estate advised Northern Trust on the acquisition and undertook the building survey of the site. Mark Johnson a director at MK2, added: “Vesuvius Business Park is a well-located prime asset with just two remaining units to let. It achieves above average rentals, providing a new build addition to the Northern Trust portfolio.”