Investor buys 10,000 sq ft industrial unit
A buyer has been found for 10,000 sq ft of industrial property on an industrial estate located close to the The University of Sheffield’s Advanced Manufacturing Research Centre.
The sale, arranged by Knight Frank, was to Lincoln-based Hurlingham Estates. The business has acquired the detached warehouse unit and self-contained yard at Orgreave Place on Dorehouse Industrial Estate for a six figure sum from established Sheffield manufacturer Hindleys.
Knight Frank says the purchase confirms the continued confidence in the South Yorkshire region, noting that opportunities like this are “far and few between”.
The new owner now plans to let the unit. It provides open span warehousing with versatile offices, trade counter and mezzanine to potential new occupiers wanting modern industrial accommodation near Junctions 33 and 34 of the M1 and the Advanced Manufacturing Park.
Ben White, associate at Knight Frank in Sheffield, said: “It has been great to be involved with Hindleys on the sale of Orgreave Place to Hurlingham Estates. The transaction demonstrates the continued regional appetite for value-add industrial properties in South Yorkshire.
“The property sits within a good sized fenced and gated yard, has car parking, loading provisions, and office accommodation configured to either end of the warehouse, which will provide the ability to split the premises down into two smaller units if required.”
