500k sq ft of Knight Frank industrial sales and lettings

20th January 2015

The Sheffield office of Knight Frank has announced the completion of a number of sales and lettings totalling almost 500,000sq ft across Yorkshire and Nottinghamshire - with a further 80,000 sq ft under offer.

Yorkshire's industrial team has concluded deals on a number of properties in Sheffield, Worksop, Dewsbury and Goldthorpe as occupier confidence has grown. The deals include the sale of 109,000 sq ft on Brightside Lane in Sheffield to Sytner; a 108,000 sq ft letting at Manton Wood, Worksop to Greencore for a new food processing facility, 204,000 sq ft was sold at Bretton Park to UK Greetings and a 68,000 sq ft letting at Midway One in Goldthorpe to Portwest, suppliers of H&S clothing following expansion.. Rebecca Schofield, partner at Knight Frank in Sheffield, said: - We are seeing occupier confidence improving throughout the region. There are now limited existing opportunities available for occupiers seeking mid-range sized properties of 50-100,000 sq ft across the region and as a result landlords are able to secure longer lease terms. -As a result of the shortage of existing buildings, companies are now faced with having to consider design and build options which generally take up to 12 months to deliver and require long lease term commitments. For further information on industrial properties in Yorkshire and North Nottinghamshire contact Rebecca Schofield at Knight Frank on 0114 272 9750