Normanton development opportunity hits the market
GVA, AWS and Carter Jonas have all been appointed on the marketing of Photon Park, a development opportunity in Normanton, West Yorkshire.
The property, owned by Illuminating Investments, comprises three elements, including a 30,000 sq ft grade A office with 172 car parking spaces, which has been partially fitted out.
Matthew Tootell, director of offices at GVA in Leeds, said: “There are a limited number of larger self-contained out of town offices available to be able to satisfy any requirements of this size whilst offering high quality specification and parking ratios which Building 1 Photon Park provides.”
Adjacent to the office, a new manufacturing / distribution unit of 53,657sq ft has been built and is available for immediate occupation.
As well as the standing units, there are adjoining plots for the second phase of the development. A 2.9 acre plot can accommodate units up to 44,000 sq ft, while to the other side of the estate’s road, a larger plot of 6.25 acres can provide a range of layouts and sizes, up to a maximum of 90,000 sq ft.
David Aspland, of Illuminating Investments, said: “Photon park is a prime asset in an unrivalled location and as a company we are keen to let the existing units and further invest in the area over the next 12 months. Speculative development of further units is something we are strongly considering.”
Rob Oliver, industrial director at GVA, added: “We are delighted to have been appointed to the agency team on this development. It is great that we are able to provide existing units, and also bespoke facilities on a design and build basis.
“The property benefits from excellent connectivity being located just off Junction 31 of the M62 Motorway, and there is a real shortage of modern or new units for immediate occupation in our area at the moment. The industrial market has started 2017 positively, and we see this continuing through the year.”
