Only two units remain on a brand new North Yorkshire business park after three more tenants sign new leases.
Knaresborough Tyres has taken 4,165 sq ft on Marrtree Business Park, which is located on the outskirts of the town with GSB Classics of Harrogate and Marshall Catering completing the hat trick of lettings following their relocation from premises at Thorpe Arch.
According to Carter Jonas’ Chris Hartnell, who acts as joint lettings agent for the site, this leaves just Units 6 and 7 – each measuring 1,685 sq ft – vacant.
“The Marrtree development has been a great success as it provides occupiers with much needed good quality business units in an established location at St James’ Business Park.
“It has great access to Harrogate Bypass South and direct connections to the A59 York Road and A61 to Leeds.
“The development was undertaken speculatively despite the challenging economic environment and with only two units now remaining, it is clear that strong occupier demand and confidence has returned to the market.
“The success of Marrtree further highlights the issues concerning a lack of supply of good quality warehouse premises across the district.”
Marrtree was developed speculatively by Otley-based Marrtree Investments Ltd, in response to a shortage of high quality industrial units in the area.
Malcolm Grayson, a director at Knaresborough Tyres, said:
“The Marrtree business scheme has provided us with the perfect opportunity to expand, and the extra space will now allow us to offer our customers an MOT facility.”
National property consultancy Carter Jonas and chartered surveyors Carter Towler are joint letting agents for the scheme.