Waleswood full following £1m revamp

A deal with Fourways Traffic Management has taken the 112,000 sq ft Rotherham business park to fully occupied.

Fourways, introduced to the industrial scheme by property consultancy Knight Frank, completes a line-up of 20 occupiers at Waleswood Industrial Estate with its 5,490 sq ft space.

Two lease renewals have been agreed for a further five years with other tenants.

The multi-let estate comprises 22 units across three terraces, and was purchased in October 2021 for £9.95m by BCCIM, a joint venture between Barwood Capital and Caisson Investment Management, the JV then undertaking a refurbishment of the site.

Recently completed, these works include new roof coverings, cladding and the replacement of windows and doors across the whole estate resulting in EPC upgrades.

Harry Orwin-Allen, senior surveyor at Knight Frank in Sheffield which marketed the units with CPP, said: “The offer of modern refurbished units, tailored to occupiers’ needs, has satisfied the continued need for good quality accommodation, and subsequently achieved strong headline rent levels.”

Other occupiers include Yorkshire Crisps, Pollybrook and Xpress Sameday.