Keyland Developments Ltd, the property trading arm of Kelda Group and sister-company to Yorkshire Water, has launched to market a 24.4 acre site in Rotherham which has planning consent in place for 333,000 sq ft of employment space. GV & Co has been appointed as sole agent to market the site.
Rotherham Metropolitan Borough Council granted outline planning consent for the redevelopment of the brownfield, surplus land at Aldwarke Treatment Works in 2024. The site has been allocated for employment use and the permission enables the creation of up to 333,000 sq ft of B2/B8 industrial and distribution accommodation over 15 units ranging from 4,000 to 75,000 sq ft.
The new development has an estimated GVA of £28M and the potential to create circa 852 new jobs when fully operational.
The site, which has direct access to J33 of the M1, fronts onto Aldwarke Lane in an established commercial area with surrounding occupiers including Liberty Steel, Graphic Packaging and Planet X. A number of retail outlets are also nearby including Asda, Iceland, KFC and McDonalds alongside proposed access to Parkgate Retail Park via the new Parkgate Link Road and Park & Ride.
The new development will increase employment opportunities in the local region as well as deliver a wide range of accommodation to expanding businesses in the area, in addition to those looking to relocate and invest into Rotherham.
Joe Boothman, Land & Development Manager at Keyland Developments Ltd, said; “Having secured outline planning consent with our proposals for a scheme that exceeds current policy requirements for biodiversity net gain, we are looking forward to securing a purchaser with an aligning commitment to sustainable development in order to revitalise the land. The new development will have a positive economic impact with significant job creation and the ability to support growing local businesses with new space requirements, as well as attracting those looking to relocate and bring new investment into the area.”
Dan Walker, Director at GV & Co, commented; “The small to mid-size industrial market in South Yorkshire is presently strong with good demand from occupiers seeking space under 100,000 sq ft. This site with its frontage to Aldwarke Lane and proximity to the motorway network and Rotherham Town Centre presents an excellent opportunity for a new industrial/logistics and warehousing development to capitalise on demand.”
