Incoming owner ramps up efforts with rebranded Sheffield Trade Park
The 174,000 sq ft industrial park on Greenland Road was acquired by Harleyford Logistics Partnership in June this year for £20.7m.
Comprised of 12 units, the park developed as Greenland Industrial Park is already home to Costa Coffee, Wolseley, Formula One, Auto Windscreens, and Headlam Flooring.
Four additional trade units are now available to let, ranging from 3,000-12,000 sq ft, with Knight Frank and Ogle Property now appointed as agents.
A programme of works is already under way as part of the repositioning exercise, including landscaping improvements and larger signage to enhance roadside visibility to the 29,000 vehicles that pass each day.
Harleyford Logistics Partnership is a joint venture between Harleyford Capital and Tristan Capital Partners. The JV acquired the estate from previous owner Barwood Capital earlier this year, in a transaction overseen by NorthCap and Savills.
Thomas Mallindine, managing director, asset management at Harleyford Capital, commented: “Sheffield is the sixth largest city in the UK and is a key target location for our investment strategy.
“The high quality space at Sheffield Trade Park means we have already seen strong occupier interest in the few units available.”
Harry Orwin-Allen, associate at Knight Frank in Sheffield, added: “Sheffield Trade Park offers best in class trade accommodation based in a prime location with fantastic links to Sheffield City Centre, Meadowhall, and the M1 Motorway, all within seven minutes journey time.
“The units have been designed to a high specification with trade occupiers in mind offering flexible floor plates, eight metre eaves, ground level full height loading doors, generous dedicated car parking, excellent road frontage to Greenland Road, and strong environmental credentials with remaining units having EPC A and BREEAM ‘Very Good’.”
Alfred Bartlett, managing director of Ogle Property, also commented: “The scheme already possesses all the attributes sought by trade operators.
“The proposed works should reposition the park as one of the premier trade schemes in the region, that will appeal to both regional and national trades not already represented on the park, and to operators seeking additional representation in Sheffield.”