Barmston Developments, a JV between Wilton Developments and Clugston Estates, has launched Enterprise 36, a prime four-unit scheme located in Tankersley, South Yorkshire. Following deals completed by the developer on Unit 3 and Unit 4, only one 77,000 sq ft unit and one fully prepared plot with planning for 100,500 sq ft remain available at the site. Barmston have appointed Yorkshire based contractor Stainforth Construction Ltd to undertake the delivery of the units.
20 local dignitaries and regional agents attended site to view progress Stainforth had made with the construction of units for William Rowland and Dura ID Solutions Ltd and also to inspect plots 1 & 2.
Enterprise 36 is situated in a prime location just 1 mile from J36 of the M1. In April and June respectively, CBRE jointly with CPP completed deals on Unit 4 to William Rowland and Unit 3 to label printing specialists Dura ID Solutions Ltd, leaving just two options remaining at the development.
Unit 2 is currently under construction and will provide 77,000 sq ft of high quality distribution or manufacturing space, due for completion in January 2020. Unit 1 is available on a Design and Build basis with site preparation completed and detailed planning in place for the building, allowing delivery within the next 8 months. Both properties are already attracting strong interest from potential occupiers.
Barmston Developments is being supported by Barnsley Council’s Property Investment Fund and their Enterprising Barnsley investment team, which is providing help and advice alongside specialist business coaching to the expanding companies already committed to the first two units at Enterprise 36.
Cllr Tim Cheetham, Barnsley Council’s Cabinet Spokesperson for Regeneration and Culture, added: ” It’s great to see the progress being made at Enterprise 36, which is already proving to be a real success story for the borough. This major development is an excellent example of how our Property Investment Fund is creating high quality jobs and boosting our local economy.
Mike Baugh, Senior Director at CBRE Leeds, said;
“We are delighted to launch Enterprise 36, offering occupiers a rare opportunity to purchase or lease high quality industrial accommodation in a highly sought after location along the M1 corridor. The speed of the two recent sales of Unit 3 and Unit 4 demonstrates the high demand which remains for space of this calibre, and the quality of development that the partners at Barmston Developments deliver.”
CBRE are acting as joint agents on the scheme with CPP.