CPP advises on two-unit deal for Rotherham Metropolitan Borough Council
November 11th, 2019
JF Finnegan sell speculative warehouse units at Beighton Business Park
Leading property consultancy Commercial Property Partners LLP (CPP) has advised on the sale of two speculative units, totalling 49,159 sq ft on Beighton Business Park, between JF Finnegan and Rotherham Metropolitan Borough Council.
Located on the popular business park on Chesterfield Road in Rotherham, the two units have been purchased by Rotherham Metropolitan Borough Council from JF Finnegan, in order to lease to businesses seeking new industrial units in a prime location.
Measuring at 20,135 sq ft and 29,024 sq ft respectively, both units are currently under construction by J F Finnegan and are due for completion in Spring 2020.
Each property will benefit from two ground level loading doors, an eaves height of 8.0m, a pitched roof with 10% roof lights, disabled WC and shower facilities, and concrete yard loading areas.
Once complete, the units will be available to lease via CPP and join neighbours on the park including international coffee company Starbucks and bakery chain Greggs.
Roger Haworth, Partner at Commercial Property Partners, said: “We are delighted to have advised on this deal and look forward to securing occupiers for both the units. The location on the popular Beighton Business Park presents a strong opportunity to become part of a highly successfully business community and occupy a high-quality, spacious facility.
“The units will also benefit from excellent transport links, being based just two miles from J31 of the M1, thus in close proximity to a number of major cities in the Yorkshire and East Midlands region.
“We’d encourage anyone who is interested in these units and would like some further information to get in touch with our team.”
J F Finnegan’s Director, Nick Gillott commented: “We have always had a strong presence in South Yorkshire, this is the final phase at Beighton Link and are proud to be playing our part in what is a great example of the public and private sectors working in partnership.”
Tim O’Connell, Head of Rotherham Investment & Development Office, said: “The Council aims to give businesses the confidence to invest in the borough and, by providing high-quality commercial property like these units, we can continue to support Rotherham’s position as one of the fastest growing economies in the region.
“The completed units will be let to inward investors or expanding local companies, which will support business growth in the borough and provide high-value lasting employment for residents.”