Partner Article

Work underway on second phase of £5.5m North Yorkshire business park, with 80 new jobs expected

Developer Marrtree Investments has begun work on phase II of its flagship £5.5m Marrtree Business Park at Thirsk, North Yorkshire.

The second, £2.5m, 30,000 sq ft phase of the development will create a further 10 trade and warehouse employment units at Sowerby Gateway, the 950-home, 70-acre development close to the A1 (M) and A19 at Thirsk. Led by Yorkshire construction group HACS, work on phase II of the business park is due for completion in August next year and is expected to create around 80 new jobs.

Marrtree Investments completed the first phase of the business park on schedule in February this year, despite progress being hampered by lockdowns and other covid restrictions. Phase I is now fully let to trade-counter anchor tenants Screwfix and Toolstation, along with tenants Motor Parts Direct, Duftons Plumbing and Heating Supplies and bathrooms supplier PJH.

William Marshall, Marrtree Investments director, said: “The first phase of our Thirsk scheme has been a great success and once again we’ve seen high demand for the kind of modern, high-quality employment space with which Marrtree is synonymous. Two of the phase II units are already under offer from prospective tenants and we expect all the units to be let quite rapidly.”

Fellow director George Marshall added: “We’re really proud that this development has so far brought around 80 new jobs to the Thirsk area and we’re excited to see the second phase get underway - with the prospect of further job opportunities for local people. Our contractor, HACS, is also based nearby in Harrogate and so the construction of the development itself is also helping to provide employment, which of course in turn drives economic benefits for the area.”

Marrtree Investments has a portfolio of more than 20 business parks located across strategic employment sites in the north of England. In March this year the developer acquired the 2.4 acre site of the former B&M store at Clifton Moor in York and has lodged a planning application to develop a commercial scheme with the potential to create 100 new jobs for the city.

Founded in Bradford in the 1940s, and now run by the third-generation brothers William and George Marshall, the Marrtree Group of companies has operated for over 80 years. With interests in commercial and residential property, quarrying and forestry, the business is now based at Cardale Park, Harrogate.

This was posted in Bdaily's Members' News section by Emma Kilmurray .