Thursday, July 23, 2009

News: Progress for Pegler in Rotherham

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The first phase of a £7m warehouse development in Rotherham has finished as the structural steelwork for Pegler Yorkshire Group Limited's new distribution centre reaches completion.


Pegler Yorkshire Group, a leading manufacturer of fittings, taps and valves has confirmed its commitment to the region with the acquisition of the new state of the art warehousing in South Yorkshire, located at Brookfields Park in Manvers.

Property consultancy Knight Frank in Sheffield brokered the deal with the pre-letting of the 104,000 sq ft development for a distribution centre and warehouse facility that will see Pegler Yorkshire Group consolidate its Barnsley and Doncaster-based warehouses, scheduled for early 2010.

Established names such as Next Plc, Maplin Electronics and Garnett Dickinson have already taken space at the Brookfields site, which is being marketed by Knight Frank and Lambert Smith Hampton on behalf of St Paul's and Tritax.

Ian Howarth, financial director at Pegler Yorkshire Group Limited, said: "The completion of steelwork for the new Brookfields distribution and warehouse facility means that we can really see the Pegler Yorkshire Group's vision becoming a reality.

"The location for the warehouse is geographically excellent as well as offering the whole package – a perfect location and proximity to the transport network combined with a sound financial package, to provide a highly effective facility which will be a key element within the group's future business development.

"This is an important move for the business and will allow us to service all our customers from one facility with one delivery, and is in line with our strategic plans to become a fully integrated business."

Rebecca Schofield, associate at Knight Frank's Sheffield office, said: "The site is one of the most cost effective business parks in the country and offers a unique tax allowance for purchasers with significant incentives available for tenants. It provides companies with highly beneficial opportunities to locate offices, commercial enterprise or distribution centres in the Dearne Valley."
Knight Frank website
Pegler website


Images: Knight Frank / pegler.co.uk

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