Developer on course to finish its biggest UK investment

Two business parks under construction in Doncaster will soon add 16 new industrial and warehousing units to the region’s commercial property market.

Platinum Park and Jubilee Park have been developed by Priority Space, backed by HG Sites, and are next to Avro Park, a development completed by the company in 2019, now fully-occupied.

The trio of business parks combined represent a £12m investment at this site by Priority Space and deliver more than 120,000 sq ft of workspace across 6.3 acres, making this the company’s largest development in the UK.

Sheffield-based Priority Space was founded by co-directors Lee Buchanan and Adam Richardson in 2012 and works across the north of the England and beyond. Its portfolio stretches from Hull to Hereford, and Darlington to Mansfield.

Buchanan said: “Construction is going well at Platinum and Jubilee Parks and we look forward to completion bringing this, our largest development, to fruition.

“We’ve invested in Doncaster because we know there is demand for small and medium sized commercial property here and our aim is always to create high-quality and sustainable workplaces which stimulate local economic growth.”

Platinum Park, due for completion in spring, will provide 13 industrial units, ranging in size from 1,750 sq ft to 5,800 and Jubilee Park, due for completion in summer, will deliver three larger units, measuring 13,000, 16,000 and 30,000 sq ft.

Interest in buying the units is already strong, with two units under offer.

Buchanan added: “We particularly like to see SMEs taking the opportunity to buy our units for their own use.

“Commercial property sales, rather than lets, are still quite rare in the speculative build market, and it’s an option we’re committed to delivering so independent businesses can buy their own workspace if they want to.

“We often witness that owning their own premises enables businesses to confidently invest in growth more quickly.”

Enquiries to buy are being handled by Commercial Property Partners and Knight Frank.