Acting component Gladman Developments, CBRE’s Leeds Industrial Agency team who has sold Gladman Park, a strategic site in South Yorkshire with planning consent for 300,000 sq ft of the latest industrial/distribution development, to Barmston Developments with an undisclosed sum.
Gladman Park can be a 25 acre prime site located throughout the established Wentworth Park Estate off Junction 36 with the M1 Motorway. The scheme has detailed consent to the construction of four units suited to B1, B2 and B8 industrial/distribution uses totalling some 300,000 sq ft.
Barmston Developments, some pot venture partnership between Wilton Developments and Clugston Estates, has acquired the site to have forward the roll-out of four new industrial units.
The website is found in a well established industrial location in Tankersley, South Yorkshire with accessibility to the regional and national motorway network via J36 in the M1. Occupiers within closeness towards the site include Mercedes Benz, Volvo, Distinction Doors Company Shop, ITAB, AECOM, HSBC, McDonalds, Premier Inn and Pilkington Glass.
Andy Hartwright, Land Director at Gladman Developments, said: “We are pleased to own completed the sale of Gladman Park to Barmston Developments who’ll bring the increase forward. They have superb connectivity and also the ability to accommodate four units of varying sizes approximately 100,000 feet square and as a result can make a major contribution to the regional logistics market.”
Senior Director of business Agency at CBRE Leeds, Mike Baugh, said: “The sale of Gladman Park has unlocked this strategic site to build up much-needed new industrial accommodation around the M1 corridor. The sale represents a great result for parties and we expect seeing the future growth and development of the web page.”
Jason Stowe Director at Barmston Developments, added; “This would be the JV’s second new EZ development and we’re eager for working closely with colleagues within the LEP and Barnsley MDC to have forward exactly what is a significant distribution and manufacturing opportunity in the area.”
