Green light given for speculative industrial and logistics development
Gregory Properties (Leeds) Limited has secured reserved matters planning approval to deliver 124,700 sq ft of industrial and logistics space at Rockingham, in Barnsley.
The ten-acre site fronts onto the A6195 Dearne Valley Parkway, with direct motorway access to Junction 36 of the M1.
Gregory Properties plans to speculatively build the scheme, which comprises three detached industrial/warehouse units of 25,560 sq ft, 43,000 sq ft and 56,140 sq ft.
Nick Gillott, development director at Gregory Properties, said: “We are excited at the prospect of starting to deliver these three high quality purpose-built logistics units.
“It’s a superb scheme, situated less than half a mile from the M1, in an established location. We are confident the development will attract strong occupier interest.”
The Yorkshire industrial and logistics team at Knight Frank have advised Gregory Properties throughout the acquisition process and will be retained as marketing agents.
Iain McPhail, partner at Knight Frank, said: “It’s a highly prominent site, in a desirable area for industrial, logistics and distribution. In addition to this, the area offers a vast array of amenities within close proximity.
“On the ESG front, these will not be the usual grey boxes; they will be much more sympathetic to the surrounding natural landscape and complement the local area with neutral green tones.
“They are also set in generous landscaping, backing onto woodland.”
Harry Orwin-Allen, based in the Sheffield office of Knight Frank, added: “The industrial and distribution sector across Yorkshire continues to be buoyant, with demand from a range of sectors.
“The proposed development at Rockingham will help provide occupiers with much needed, immediately available premises within a stone’s throw of Junction 36 of the M1.”
Gregory Properties hopes to start the speculative development on site in summer 2023 and be ready for an Easter 2024 occupation. The three new units will be offered to let.