Work has completed on a keenly anticipated £3 million industrial development in Barnsley where six units have already been snapped up.
Barrowfield Business Park in Thurnscoe provides 15 new units suitable for industrial, storage and distribution use, available to purchase or lease. Six have been pre-sold.
Commercial property developers Priority Space, in partnership with H.G. Sites, are behind the speculative 25,000 sq ft development on the site of the former Hickleton Colliery, which shut in 1988.
Director at Barnsley-based Priority Space Lee Buchanan said: “We are very pleased to announce completion of this important development which transforms a former mining site into business units designed to attract investment into the area and create jobs for the local community.
“We are passionate about supporting regeneration and delivering high-quality, accessible spaces which offer business opportunities for small to medium-sized businesses.
“There is a strong interest nationally in warehouse and distribution space right now, as the online retail sector continues to grow – a development accelerated by changes in shopping behaviour during the Covid-19 lockdown.
“Barrowfield Business Park is very well-placed to provide excellent business premises for this sector and we look forward to seeing enquiries coming in for these units.”
The purchase and lease of units, between 1,250 sq ft – 2,250 sq ft in size, is being handled by Barnsdales and Commercial Property Partners (CPP) as joint agents for the scheme.
The development is funded by the Sheffield City Region Jessica Fund, which is managed by CBRE Capital Advisors. Barnsley Council assisted Priority Space in securing this funding.
Cllr Tim Cheetham, Cabinet Spokesperson for Regeneration and Culture at Barnsley Metropolitan Borough Council, said: “We are delighted that this first class development, supported by Sheffield City Region Jessica funding, is now available for inward investing and expanding local businesses.
“Our award winning Enterprising Barnsley team is available to provide comprehensive business support and ongoing assistance to occupiers. This is a further vote of confidence by national developers that Barnsley is an excellent location for investment and we look forward to continuing to work with Priority Space in the future.”
Lee added: “We’d like to thank Barnsley Council for their help in securing Sheffield City Region Jessica funding in support of this property development for economic growth.”