Monday, December 15, 2014

News: Demolition at Tradeworld site


Demolition is nearly complete at the former Ruscon engineering works in Rotherham as the industrial buildings make way for a multimillion pound trade counter retail development.

Planning permission was granted conditionally in July for the Parkgate development where the plan is to create "Tradeworld," consisting of ten units totaling 45,000 sq. ft. The plans, drawn up by Sheffield architects, Bond Bryan, show the ten units, ranging in size from 2,200 sq ft to 5,200 sq ft, complete with 111 standard car parking spaces and access from a new entrance from Rotherham Road.

Litton Properties purchased the Ruscon engineering works in 2003 but plans for a DIY retail store and garden centre were refused in 2005. Outline planning permission was granted in 2006 for a warehouse development with 20% of the floorspace approved for retail use. Detailed plans for seven units were approved in 2008 but have not been developed out.

Rotherham-based DSR Demolition are on site taking down 70,000 sq. ft. of former steel and engineering shop plus ancillary offices and are due to be complete by Christmas.

Litton Property Group, the Derbyshire based property development and investment group, has already agreed terms with three tenants, comprising national brands in the automotive, protective equipment and ceramic tile sectors. Work on the new development is due to start in the early part of 2015 with units 1-5 set for completion later in the year.

Litton Property Group said that "the trade counter operators are trading very well throughout the UK and this is a very prominent site offering an excellent cluster opportunity. The end value of Trade World is approximately £5m and the project is likely to be retained within the Group's expanding portfolio."

Agents for Litton are Fernie Greaves, Fairhurst Estates and CSP.

Litton Properties website

Images: Litton Properties


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