Friday, August 8, 2008

News: Continued interest in Rotherham commercial property


An article in the August issue of First For Business highlights the interest seen by agents Knight Frank in developments across Rotherham. Business parks like Vector 31, Ignite @ Magna, Magna 34 Business Park and Redwood Court in Dinnington have become a focal point for companies wanting a prime accommodation on both a freehold and leasehold basis in a good location with access to a local and available labour market. Rebecca Schofield, associate in Knight Frank’s Sheffield office and agent for all four business parks, told the magazine: "New high quality development sites across the region are still attracting good levels of demand. "The take up of quality product continues. If we look back 12 months ago we saw predominantly freehold uptake due to availability and relatively low cost of funding however since we have seen the finance market tighten, we are seeing the balance between leasehold and freehold more evenly spread."
First For Business magazine


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