CBRE confirms sale of two major South Yorkshire industrial properties

J38 in Barnsley

Acting on behalf of Kingspan and Stainton, the Capital Markets team at CBRE Leeds has announced the sale of two major South Yorkshire industrial properties totalling 281,356 sq ft for £6.46m –  One 51 ES (Plastics) UK Limited property on Barbot Industrial Estate, Rotherham, sold for £2.8m and J38 in Barnsley, which has sold for £3.66m.

Rotherham was sold for Kingspan at £2.8m to a private investor.  The successful sale includes three detached industrial warehouse units with a large yard for extended storage and a detached office totalling 65,930 sq.ft.

Conveniently situated just one mile north of Rotherham town centre within the Barbot Industrial Estate in South Yorkshire, it is fully let to One 51 ES (Plastics) UK Limited, trading as MGB Plastics, with a guarantee from One51 plc, on an FRI lease expiring 31st August 2025 with approximately 9.25 years unexpired. Local occupiers include ZND UK, ASD Lighting, Nikken, ScrewFix, Courier Logistics, Jewsons, Winnard and Euro Carparts.  Robin Wimbush from Wimbush Real Estate acted for the purchaser.

J38 Barnsley was sold for Stainton at £3.66m to South Street Capital.  The site is a substantial freehold, 16 acre industrial estate comprising workshop, industrial warehouse accommodation and yard storage.

The Barnsley site has excellent links, lying approximately 1 mile south of Junction 38 of the M1 motorway, located in Darton, which is 4 miles from Barnsley. It includes a range of industrial units from 1,670 sq.ft to 52,068 sq.ft, totaling 215,426 sq.ft.

Current tenants include Premdor Crosby Limited, Thyssenkrupp Materials (UK) Limited and Ken Mallinson & Sons Limited. The site benefits from 24 hour access and security.

Robin Bullas, Director of CBRE Capital Markets in Leeds commented

“We are delighted to announce the sales of two major South Yorkshire industrial sites both situated in excellent locations with strong links.  These sales demonstrate the current investor appetite for well positioned industrial property with further opportunities.”