Work starts on Doncaster Business Park

Published 22nd May 2015 at 8:27am

Construction work has started on a new speculative multi-let business park in Doncaster, Sheffield City Region, to cope with increasing demand for high quality industrial units.

Carnell Management Services is to capitalise on the lack of available small to medium-sized accommodation in the region with the development of 13 units ranging in size from 2,000 to 12,455 sq ft at Bullrush Business Park.

The development, which has been part-funded by a grant of £1,429,379 from the European Regional Development Fund (ERDF), will form part of the existing First Point Business Park.

Rebecca Schofield, partner at the Sheffield office of Knight Frank who is marketing the development alongside PPH Commercial, said: “This is one of the first speculative developments we have seen in a number of years.

“South Yorkshire as a whole has continued to see demand for good quality accommodation where stock levels have reduced significantly over recent months. This development is designed to alleviate the significant pressure on availability of small to medium sized units.

“There has been a decreasing amount of choice for potential tenants.”

Schofield added that the scheme has been well-received with four units already under offer.

Paul Carnell from Carnell Management Services said: “We are aware of the pent up demand in the area and the award of the ERDF grant has given us the ability and confidence to bring forward the scheme.

“We think that the quality of the units and the size range on offer will prove attractive to the market.”

Mayor of Doncaster Ros Jones praised Carnell Management Services for showing confidence in the town.

Units will be ready for occupation from September 2015 and will be available to let by way of new lease.