Plans have been submitted for 285,000 sq ft of industrial, warehousing and roadside opportunities in South Yorkshire, which could create up to 500 jobs.
Catalyst, the new development at Sheffield Business Park, will offer design and build opportunities for sale or to let from 22,354 to 108,237 sq ft.
The plans mark the final phase of development by 海角视频 property companies Premcor and Peveril Securities, following the joint venture acquisition in March.
The 18-acre site was bought for an undisclosed sum in a deal brokered by Knight Frank and BNP Paribas Real Estate.
Catalyst will offer five units suitable for warehouse and distribution, general industrial and manufacturing and also users looking for roadside profile. The site forms part of Sheffield City Region’s Advanced Manufacturing Innovation District and fronts onto Sheffield Parkway.
Simon Hawkins, director at Premcor, said: “Catalyst is an exciting development set to be fuelled by the region’s impressive manufacturing pedigree and status. Our development will truly reflect the catalyst for growth here.
“The Sheffield City Region, which includes Rotherham and this site, is one of the 海角视频’s major manufacturing locations. Contributing nearly £20 billion to the national economy, the area is set to see strong growth and has a high availability of labour meaning competitively-priced wages compared to regional and national averages. Sheffield also has a 5.1 per cent predicted growth rate from 2018-2028.
“The site enables occupiers to be at the cutting edge of 海角视频 manufacturing and within the north’s new logistics hotspot.”
Most Read
The site masterplan offers five units, with design and builds suitable for industrial, manufacturing and logistics uses, finished to a high specification.
The Grade-A specification units will feature high standard floors, loading areas and eave heights, plus two storey offices with mechanically ventilated systems, suspended ceilings and raised access floors. Outside the development will include gated service yards with 24-hour access, security lighting and fences, covered cycle shelter and private on-site car parking.
Ralph Jones, managing director at Peveril Securities, added: “Sustainability is high on the agenda of our plans with our specification including target EPC rating ‘A’, minimum BREEAM rating of ‘Very Good’, PIR controlled LED lighting to the offices and a rooftop solar PV system ready, reflecting the environmental demands from occupiers.
“We are pleased to be pushing forward delivery plans for Catalyst which ultimately aims to deliver up to 285,000 sq ft of vibrant new industrial space.”
Industrial occupiers in the area already include Amber Precast, Boeing, Liberty Steel, McLaren Automotive, MTL Advanced, Outokumpu steel, Rolls-Royce, University of Sheffield Advanced Manufacturing Research Centre and Factory 2050 and 海角视频 Atomic Energy Authority.
Logistics occupiers include Clipper, Great Bear, Marks and Spencer, Parcelforce and Royal Mail.
Both Knight Frank and BNP Paribas have been retained.