16-acre South Yorkshire industrial estate hits the market

A 16-acre industrial estate by Junction 38 M1 in South Yorkshire has been brought to the market.

J38 Industrial Estate, located in Darton, near Barnsley, comprises 215,000 sq ft of industrial space, where tenants include Premdor Crosby, Rightcast and Thyssenkrupp Materials.

The owner, South Street Captial has appointed the Sheffield and Leeds office of property consultancy Knight Frank to market the estate.

Richard Henley, industrial agent with Knight Frank in Leeds, said: “This is a tremendous instruction for us, especially as South Street Capital plan to invest heavily in the estate to improve the quality of the accommodation available and we look forward to promoting the estate over the coming months when the works are complete.

“They will be undertaking a full refurbishment of Unit 3a (25,244 sq ft), which will include some selective demolition to allow good external loading areas.”

Helen Macrow of South Street Capital commented: “The significant acquisition of J38 Industrial Estate gives us the exciting opportunity to refurbish the estate’s units to provide good quality accommodation to satisfy pent-up demand.

“There is a shortage of good quality accommodation available in the market at present in both South and West Yorkshire.

“We believe Knight Frank are the ideal agency team to market the estate, given the location of the estate and the excellent track records of both their Sheffield and Leeds offices. We look forward very much to working with Knight Frank and attracting quality occupiers to the estate.”

Tom Swallow from the Sheffield office of Knight Frank added: “The location of J38 is superb. It is just a mile south of the M1, close to the heart of Yorkshire’s excellent motorway network, and four miles from Barnsley.”

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