Grantham Distribution Park sold off

Gladman Developments has sold its 9.8 acre Grantham Distribution Park site at Gonerby Moor, in a deal brokered by agents JLL and Burbage Realty.

Acquired by JRL Group for an undisclosed sum, the site has detailed consent for the construction of a 214,881 sq ft distribution or warehousing facility with offices.

Andy Hartwright, land director at Gladman Developments, said: “We are pleased to have completed the sale of the distribution site to JRL Group. The site has superb connectivity, and almost direct access to the A1, both being key requirements for JRL.”

James Keeton, director at JLL, said: “We are seeing continued demand for well-located strategic sites on the A1 corridor, especially as prime land availability on the M1 corridor remains a scarcity. The A1 corridor has seen increased activity recently, boosted by strong strategic transport links along with greater availability of land, whilst maintaining good labour demographics.”