Thursday, February 24, 2011

News: Hellaby units come onto the market

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Two modern industrial units on Hellaby Industrial Estate in Rotherham have become available for new occupiers.

The Interchange Industrial Estate units were formally occupied by UK Mail Group PLC and Riso and are 18,000 sq ft and 21,000 sq ft. They benefit from 6-7m eaves, office accommodation, and heating and lighting in the warehouse area.

The estate is popular with occupiers, due to its proximity to Junction 1 of the M18, which provides excellent accessibility. Occupiers include Stanley Tools, Greenberg Glass and Glazing, RJD Engineering, Parseq plc and TNT.

The two units have recently been acquired by St Modwen, who own a number of industrial estates in the area.

Ben Mitchell, from St Modwen said: "These units are in an excellent location just off junction 1 of the M18 and provide good quality industrial space at very competitive rents."

St Modwen acquired the properties in September when they purchased the ETP portfolio of 11 income-producing employment sites for £21.4m from Citi Property Investors, on behalf of EIRE The Peaks Limited.

Marketing agents for St Modwen are GVA and Knight Frank.

GVA website

Images: gva.co.uk

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