Industrial scheme set to create another 138 jobs
South Yorkshire-based developer EV Waddington is building a new 36,000 sq ft industrial and trade scheme in Barnsley to address a “severe shortage” of accommodation.
The Oval, fronting the Dearne Valley Parkway, is being funded by the developer and features seven units, two of which are already under offer with agents Knight Frank in Sheffield.
The speculative development is aimed at industrial, warehouse and trade occupiers.
The site is expected to be completed in August this year, creating 138 full time jobs.
Developer Tony Waddington, who has developed 31 East in Dinnington, Northfield Business Park in Rotherham, Vantage Park in Sheffield, Shortwood Business Park in Barnsley, and Aldwarke Business Park and Chesterton Court in Rotherham, said: “This project is supplying much needed industrial and trade accommodation for the South Yorkshire region.
“Supporting continued economic growth in South Yorkshire is key and we expect completion later this summer.”
There are five available units of 4,850 sq ft which offer flexibility and can be combined to offer up to 9,690 sq ft.
It is expected that The Oval will generate £46m GVA over the next 10-year period.
Rebecca Schofield, partner at the Sheffield office of Knight Frank, which is marketing The Oval, said: “EV Waddington has managed to deliver a speculative development of sub 10,000 sq ft addressing the lack of commercial property offer of this size across the region.”
Councillor Robert Frost, cabinet spokesman for regeneration and culture, added: “This will be the third time EV Waddington have invested in the borough, and their previous developments at Shortwood Business Park proved a great success, attracting expanding local and new businesses to the area, creating many new jobs.
“Our award-winning Enterprising Barnsley investment team will continue to provide a range of comprehensive support to future occupiers.”