Tenant secured for speculative new industrial property

Commercial property lettings experts Commercial Property Partners (CPP) has completed a significant letting at the Ashroyd Business Park, Barnsley.

CPP has agreed a letting at Ashroyd 52, a 52,871 sq ft speculative new build, on behalf of commercial real estate specialists, 4th Industrial.

The self-contained unit offers 2,551 sq ft of first floor office space, secure gated yard, separate parking facilities, two loading doors, as well as a further three dock leveller loading doors.

Ed Norris, director at CPP, said: “We’re delighted to conclude this letting at Ashroyd 52, which reflects both the quality of space and the strength in the commercial industrial market across the region and along the M1 corridor.  

“South Yorkshire is in strong demand at the moment, particularly Grade A industrial units over 50,000 sq ft, which are in very short supply and therefore not staying vacant for long.”

Gareth Jones of Jones Granville, acting for the client, said: “The unit presented a quality opportunity in a great location, which fitted my clients brief.

“We were pleased to conclude the negotiations given the lack of availability across the region and the quality of the building.”

Faye Fleming, asset manager at 4th Industrial, added: “We are very pleased to agree this significant letting after recently acquiring the estate.

“The time taken to find a quality tenant at the location is testament to our agents CPP and Savills.

“The remaining units all have strong interest, and we hope to have more announcements in the near future.”

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