1st October 2018
Unit B comprises 23,900 sqft of industrial space and has already been let to conservatory specialist SolarFrame Holdings, which has signed a ten-year lease at a rent of £5.75 per sqft.
The 15,000 sqft Unit C is available for sale or to lease, with immediate occupation.
Both buildings are located on a 12.63 acre site, which was granted planning permission for general industrial use, together with storage and distribution facilities. Once fully developed, 500 jobs will be created as part of the lastest phase of development at Capitol Park, at Junction 37 of the M1.
CDP Marshall has worked closely with Barnsley Metropolitan Council and Enterprising Barnsley to bring forward the development.
Chris Marshall from CDP Marshall said "Our decision to develop these two buildings speculatively has been vindicated by the deal with SolarFrame, who signed on practical completion of Unit B. SolarFrame's decision to move here is a resounding endorsement of Capitol Park, Barnsley, which is already established as one of the finest mixed-use business parks in South Yorkshire.
We are grateful for the support we have received from Barnsley MBC's Property Investment Fund. This has enabled us to build speculatively at a time when very few other Yorkshire developers are doing so".
Rebecca Schofield, partner and head of property consultancy Knight Frank's Industrial Property Team in Yorkshire, who is advising Marshalls added "The completion of these two quality buildings, coupled with the SolarFrame deal, is tremendous news for Capitol Park. At the same time, CDP Marshall must be recognised for their willingness to speculatively develop on the back of their confidence in the industrial market in Yorkshire"
Unit B comprises 23,900 sqft of industrial space and has already been let to ...