Letting secured for 125,000 sq ft commercial property
A 125,000 sq ft warehouse in South Yorkshire has been leased to a warehousing, distribution and logistics provider.
Property consultancy Commercial Property Partners (CPP) working jointly with Savills advised on the letting of the large warehouse unit in Rotherham on behalf of Goodman, a global property group specialising in creating high quality logistics developments.
Located one mile to the east of Junction 1 of the M18, the unit has been let to Carlton Forest Group, which is based in North Nottinghamshire.
The warehouse is close to the Hellaby Industrial Estate, which is home to occupiers such as TNT, Clipper Logistics, UPS and KP Snacks.
Having undergone a significant refurbishment, the unit has new docks, lighting, and modernised offices. It also boasts canteen space, and a prominent frontage to the A631 Rotherham Road.
Ed Norris, Partner at Commercial Property Partners, said: “We are delighted to have secured the letting of this well-located unit, not least during these unprecedented times.
“During recent months there has been a continued demand for high spec industrial properties within the region, which will only accelerate as tenants regain the flexibility and confidence to move between properties.”
Tom Asher, director at joint agents Savills, added: “The industrial market continues to go from strength to strength. This letting along with further market activity proves the strength in the industrial and logistics sector.”
Toby Vernon, Partner at CPP, said: “We are very pleased to achieve this letting on behalf of Goodman who are a long standing, valued client of CPP and to see Carlton Forest take occupation of the Rotherham 125 warehouse.”