SDL Minorfern announce occupancy creating employment
Industrial real estate specialists Commercial Property Partners (CPP) has completed the sale of the Newhall Road scheme, in north Sheffield.
The self-contained terrace units at 218-228 Newhall Road were purchased by Chesterfield-based real estate investors, Holland Trinity Ltd.
The 21,381 sq. ft. property, most recently having been occupied as a single unit, sits on a 0.85-acre site and comprises of industrial and warehouse units with ancillary office accommodation. Externally the premises benefit from a dedicated yard and car parking areas with several loading bays to the rear.
Two thirds of the property will be occupied by SDL Minorfern, a family run business of over 45 years which has become one of the UK’s leading distributors of replacement parts for cars and vans. SDL Minorfern, which also offers an extensive range of motor oils, garage equipment and consumables will be undertaking a refurbishment programme for the space and in doing so creating roles and employment to support the local economy.
The remaining 6,500 sq ft unit will become available to let following current redevelopment works.
CPP Director Ed Norris, said: “The sale of the Newhall Road scheme shows that there is still strong demand for freehold commercial units in Sheffield and, further afield, across South Yorkshire.
“Purchasers and investors are still looking for those opportunities in locations with the right transport links and access to a skilled and available work force, two of Sheffield’s key strengths.”
The Newhall Road property occupies an excellent location just 1.9 miles from Junction 34 of the M1 and 2 miles from Sheffield City Centre. The scheme sits in close proximity to a number of the city’s prime leisure offerings, being close to the English Institute of Sport Sheffield, Sheffield Olympic Legacy Park & Centertainment. Meadowhall Shopping Centre lies just 1.5 miles to the North East. Other occupiers in the vicinity include Hermes, Abtech and Grip-Bar.
Knight Frank Sheffield were joint agents.
