Second industrial unit sold at Enterprise 36

Barmston Developments has secured the sale of a brand new 41,500 sq ft warehouse/industrial unit at Enterprise 36, a prime four unit scheme strategically located along the M1 Corridor in Tankersley, South Yorkshire. Unit 3 has been bought by label printing specialists Dura ID in a circa £3.55m deal. 

This latest deal follows quickly on the back of the sale of Unit 4 to Williams Rowlands in April, leaving just two options available - a unit of 77,000 sq ft  available for sale or to let, which is due for completion in January 2020 and a fully prepared plot which has planning for 100,500 sq ft. 

Enterprise 36, which is located 1 mile from J36 of the M1 and benefits from excellent access to the motorway network and South Yorkshire region, is being developed by Barmston Developments, a joint venture between Wilton Developments and Clugston Estates who began work in March 2019 to speculatively build Units 2, 3 and 4. 

Unit 3 offers versatile high-spec warehouse/industrial accommodation comprising 38,750 sq ft of space with 2,750 sq ft office provision.  Unit 2 is currently under construction and is already attracting strong interest from potential occupiers.   Unit 1 is available on a Design and Build basis with site preparation completed and detailed planning in place for the building, allowing delivery within the next 12 months.

Jason Stowe of Barmston Developments commented;

“The JV is delighted to announce the second sale to Dura ID on our popular scheme. We are grateful to Barnsley Metropolitan Council for the support and belief they have shown in Enterprise 36 and this is now being reflected in the second sale on the scheme with only 3 months into construction. Unit 2 is underway and will provide 77,000 sq ft of high-quality distribution or manufacturing space of a size and quality which is not readily available in the region."

Councillor Tim Cheetham, Cabinet Spokesperson for Regeneration and Culture, said: “Enterprise 36 is proving to be a real success story and further demonstrates that our Property Investment Fund is creating high-quality jobs and boosting our local economy.

“We’re delighted that the company has chosen to expand to Barnsley and look forward to supporting their future growth. By working in partnership with Barmston Developments, they have been able to provide first-class premises for expanding businesses and our positive relationship will continue, as we promote the remaining development in this excellent location.”

Mike Baugh, Senior Director at CBRE Leeds, said;

“We are delighted to be working with Barmston Developments on this impressive scheme.  The early deals concluded demonstrate the quality of the location and specification and offers one of very few opportunities along the M1 corridor. We anticipate continued interest in Plot 1 & Unit 2, particularly given the lack of stock in the market currently.”

This news is linked to Town Spirit, our new way of working better together. We believe, that if everyone in Barnsley does just one thing, we can make our borough a more welcoming place to live, work, invest and visit.

We’re committed to #DevelopIt by making sure Barnsley is always open for business. This is through practical support to existing and growing businesses, creating new areas of employment to grow our economy and making sure our residents have the skills they need for the jobs being created. #OwnIt by helping us to promote Barnsley as a place open for business, advertising with us and welcoming apprentices to work for you.

Find out more about investment opportunities in Barnsley here.

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