Normanton development opportunity with ‘excellent connectivity’ hits the market
Wed 08 Mar 2017
GVA, AWS and Carter Jonas have all been appointed on the marketing of Photon Park, development opportunity at Normanton, West Yorkshire.
The property, owned by Illuminating Investments, comprises three key elements, including a 30,000 sq ft grade A office with 172 car parking spaces.
Adjacent to the office, a new manufacturing unit of 53,657sq ft has been built and is available for immediate occupation. It benefits from ground and dock level access, 8.9m eaves height, and a two storey office and amenity block.
Both units are being marketed freehold or leasehold.
In addition to the standing units, there are adjoining plots for the second phase of the development.
A 2.9 acre plot can accommodate units up to 44,000 sq ft, whilst to the other side of the estate’s road, a larger plot of 6.25 acres can provide a range of layouts and sizes, up to a maximum of 90,000 sq ft.
Matthew Tootell, director of offices at GVA in Leeds, said:
“There are a limited number of larger self-contained out of town offices available to be able to satisfy any requirements of this size whilst offering high quality specification and parking ratios which Building 1 Photon Park provides.“
David Aspland, of Illuminating Investments, added:
“Photon park is a prime asset in an unrivalled location and as a company we are keen to let the existing units and further invest in the area over the next 12 months. Speculative development of further units is something we are strongly considering.“
Rob Oliver, industrial director at GVA, commented:
“We are delighted to have been appointed to the agency team on this development. It is great that we are able to provide existing units, and also bespoke facilities on a design and build basis.
“The property benefits from excellent connectivity being located just off Junction 31 of the M62 Motorway, and there is a real shortage of modern or new units for immediate occupation in our area at the moment.
“The industrial market has started 2017 positively, and we see this continuing through the year.“