Engineers acquire 65,000 sq ft development sites
Wed 12 Jul 2017
Civil engineering and plant hire business Peter Duffy has snapped up a former food retail distribution site which it will develop into bespoke facilities.
The site was formerly owned by Kepak, a meat processor that produces Rustlers burgers. Peter Duffy has acquired the site just off Junction 40 of the M1 in Wakefield, which it will develop into a facility for its own occupation.
It will take over the rear of the site, which has been branded Centric 40, with two surplus plots at the front of the site that are available for development.
The plots extend to around 1.58 and 2.19 acres respectively, the larger can accommodate around 38,000 sq ft and the smaller around 27,000 sq ft.
Subject to planning, the developer is aiming to undertake infrastructure and site preparation works later this year, and commence construction of units early in 2018.
GVA, the leading UK real estate adviser, has been appointed by Peter Duffy to market two prime units, comprising 65,000 sq ft, in Wakefield.
Rob Oliver, industrial director at GVA, said: “There is considerable demand for premises along this part of the M1 corridor and very little supply. Each plot has considerable flexibility in how they are developed and they benefit from frontage to the main estate road. We were delighted to be appointed by Peter Duffy on this scheme and have no doubt it will go well in the current market.”