Industrial premises hits the market at city business park

Acting on behalf of landlord CGIS, Avison Young is marketing Unit 1 at Parkway One Business Park, in Sheffield.

The 26,134 sq ft unit is due to be vacated by the current tenant in November 2020 and is being marketed by way of a new lease.

According to Rob Oliver, principal at Avison Young: “The unit has excellent accessibility to the Parkway, and therefore to the city centre, M1 and beyond.

“The estate has attracted quality occupiers including Costco, Mawdsleys, Arkote and FPS Distribution. The unit is modern and presents very well.”

The property features an eaves height of 7.1m, modern two-storey offices and a secure, self-contained yard and car park area.

Oliver added: “The market for quality industrial and distribution premises across the region has bounced back since lockdown, with a good number of enquiries from occupiers wanting to relocate and expand.

“Conversely, opportunities are relatively tight, with reasonable supply of older premises, but a very low volume of modern to new units.

“Whilst some occupiers can wait for design and build units, or need a bespoke facility, others would rather take a quality modern second-hand opportunity.”