South Yorkshire property company EV Waddington has secured part funding for the £8m second phase of a popular business park in Rotherham.
Construction of three new blocks of speculative industrial buildings and warehouses totalling 91,010ft², which can be split into 13 units, has begun at Kingsforth Business Park, part of the established Thurcroft Industrial Estate.
The most recent phase is part funded by the SY JESSICA Fund (Joint European Support for Sustainable Investment in City Areas).
The Fund is designed to promote sustainable investment, growth and jobs in urban areas through providing development support in the form of traditional loans and intervention funding.
Units in phase two have been designed for flexibility and can be combined to offer a range of unit sizes from 5,440 up to 10,980ft² and premises will be finished to a high specification to include 5.7-6.5m clear internal height.
Full insulation with full height roller shutter loading doors was always fitted, with fitted office accommodation to ground and first floor, warehouse lighting, connections to all mains services, including three phase electricity and good sized external loading area with dedicated car parking and fibre enabled also installed.
Office head at Knight Frank in Sheffield and head of industrial Yorkshire Rebecca Schofield said: “The much needed, speculative accommodation at Kingsforth will bring 13 units from 5,440 sq ft to 10,980ft² available offering flexibility to be combined to accommodate larger requirements if needed.
“Kingsforth is aimed at industrial, warehouse and manufacturing occupiers with 6.5m eaves height, full height loading doors, lighting and office accommodation.
“These industrial and trade schemes address a shortage of small units across the region. Waddingtons continue to develop quality industrial units in South Yorkshire helping satisfy the pent-up demand for smaller, flexible units.”
