A 125,000 sq ft warehouse unit on the M1 corridor at Barnsley sold to Combined Independents (Holdings) Ltd (CIH), part of Euronics, Europe’s largest electrical buying organisation, will create up to 70 jobs.
Maple 125 at J36 of the M1 was speculatively developed in conjunction with Rula Developments with the support of Enterprising Barnsley and finished to an impressive specification including 12m eaves, a 50m yard, 12 dock level loading doors, two ground level loading doors, 23 HGV spaces, 80 car parking spaces, fitted office accommodation and up to 1MVA power supply.
CIH, a national group of independent retailers, which brings innovative electrical products to consumers via an omni-channel approach, acquired the site from Bramall Properties.
The group identified South Yorkshire as an ideal position to relocate and expand their distribution network, which is set to see between 60-70 new jobs for Barnsley.
“This is a significant investment for CIH on behalf of its members, but one that we are confident that it will be worth its weight in gold,” commented Steve Scogings, Chairman, CIH.
“It gives us exactly what we need as a business. We now have access to purpose-built, high-quality space in the right location to buy and hold more stock of our key product lines. This will help CIH members serve their customers in the right way, with speed, efficiency and to the highest possible standard.”
Jonathan Duck of Bramall Properties said: “Maple 125 is a prominent, high quality warehouse/manufacturing unit, in the highly sought-after 100k sq ft plus range, in an excellent central national location.
“The development demonstrated our confidence in the South Yorkshire market, our product, the location and the sale proves the appetite within the industrial and logistics sector for warehouse units of this size within the region and we were delighted to have concluded a sale ahead of practical completion.”
Rebecca Schofield, partner at Knight Frank in Sheffield and head of the Yorkshire industrial team, said: “Completion of the unit was perfectly timed given the strong increase in warehouse demand we have seen in the first six months of 2021. This reflects the increasing move online and this unit is perfectly placed to take advantage with great access to the M1 and the North and South.”
The site benefits from immediate access to the M1 Motorway at Junction 36, approximately 1 mile to the East. The M18, A1 (M) and M62 are also easily accessible.
Cllr Tim Cheetham, Cabinet Spokesperson for Regeneration and Culture at Barnsley Metropolitan Borough Council, said: “We are delighted to welcome CIH to Barnsley and look forward to supporting them as they relocate to the area.
“It is great to see a successful company choosing Barnsley as the ideal location to grow their business. Through our Local Plan, we aim to create 28,000 new jobs by 2033, and this will provide up to seventy excellent job opportunities within the borough.
“The council is committed to creating high-quality commercial units, and it is great news that we can support CIH in expanding their distribution network. We wish them every success in the future.”
Bramall Properties was represented by Knight Frank Yorkshire Team and Colliers. CIH was represented by Knight Frank London.
