Member Article
CPP secures new 10 year lease for 20,000 sq ft unit in Barnsley
Leading property consultancy Commercial Property Partners LLP (CPP) has secured a new 10 year lease for an industrial unit on Junction 38 Estate.
Acting on behalf of Summer Estate Holdings Ltd, CPP has secured Z Hinchliffe, a family-run business supplying quality yarn to the UK and worldwide knitwear industries, as a tenant for the recently refurbished unit.
With easy access to major transport links, just five miles from Barnsley Town Centre and within walking distance of Darton Station, the industrial unit sits on the popular industrial estate that is situated less than two miles from the M1, and boasts both CCTV and a barrier entry system.
Spanning 19,543 sq ft, the semi-detached warehouse is complete with high quality fitted offices, ample parking and three ground level loading bays.
Helen Macrow, of South Street Capital and acting for Summer Estates Holding said: “The letting confirms our confidence in both the location and the building on offer. We will continue to look to improve our existing stock to benefit from the existing market conditions.”
Ed Norris, Partner at CPP, said: “Summer Estate Holdings Ltd’s recent investment in carrying out a full refurbishment of Unit 3a meant that interest in the warehouse facility was extremely high.
“The premises now boasts a range of impressive and high quality features which, when coupled with the excellent security facilities offered at Junction 38 Industrial Estate, meant that we were well-placed to attract potential tenants and secure a long-term lease agreement very quickly.
“Such a quick turnaround is indicative not only of the demand in the market for quality industrial premises, but also the confidence that logistics and manufacturing businesses have when it comes to investing in the area.”
Other tenants at Junction 38 include haulage service provider Senior Haulage, photocopier and print solutions expert Copier Systems and aerospace material manufacturer ThyssenKrupp Aerospace UK.
CPP acted as joint agents alongside Knight Frank. Tom Shelton at Fox Lloyd Jones represented Z Hinchliffe.
This was posted in Bdaily's Members' News section by Alisha Griffiths .
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