£6m work begins on Nexus industrial development in Barnsley
Work has commenced on the £6m Nexus industrial development at Barnsley’s Capitol Park.
The steelwork on all of the units at Nexus, Capitol Park at Junction 37 of the M1 is now complete with cladding underway and practical completion expected in August.
Carnell Management Services Ltd, which developed and fully let Bullrush Business Park in Doncaster in 2018, is speculatively building 15 units for B1, B2 and B8 use.
The development will feature industrial and warehouse units ranging in size from 3,000 to 11,800 sq ft, aimed at satisfying the much-needed demand for small and medium-sized industrial space in the region.
Rebecca Schofield, partner at the Sheffield office of Knight Frank, said: “The build signifies growing developer confidence in our region. There continues to be a severe lack of available opportunities of this size, particularly new and modern.
“We already have good interest in the units from potential occupiers.”
The units are being built with the help of £2.20m loan from the Sheffield City Region JESSICA Fund.
Capitol Park is located adjacent to J37 M1 and two miles from Barnsley town centre.
Existing occupiers include Sheffield Children’s Hospital, Gem Imports and NHS.
Cllr Roy Miller, Barnsley Metropolitan Council (BMBC) Cabinet Spokesperson for Place, added: “We are delighted to see the excellent progress being made with the construction of this high quality speculative development.
“Capitol Park is a proven first class location for business and our economic development team, Enterprising Barnsley, will be available to provide a comprehensive range of business support to occupiers.”
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