An extensive refurbishment programme to an established Sheffield industrial estate has commenced amid heightening occupier demand.
Warrington-based Langtree, which manages the site on behalf of an institutional client, is now on site with an improvement plan, budgeted at approaching £1m, of Meadowbrook Industrial Estate at Holbrook.
The 14-unit site was acquired around 18 months ago and a letting to Screwfix has added to the high profile occupier line up of Howdens Joinery, Plumb Center, Spinks and Travis Perkins.
Units 10-12, each extending to around 5,000 sq ft which could be combined for a total of 15,111 sq ft, are currently vacant and are undergoing extensive changes as part of the modernisation which includes new office accommodation, external decoration, signage, and new aluminium windows.
While the whole estate, which is arranged as five terraces, is also benefitting from an external upgrade to include improved landscaping and signage to modernise the estate.
Kathryn Smart, group senior property manager at Langtree, said: “Our strategy of revitalising industrial estates is now underway at Meadowbrook Industrial Estate.
“The estate already benefits from a number of trade counter and industrial occupiers and we expect our extensive refurbishment programme to attract further interest.”
Meadowbrook Industrial Estate, which fronts onto Station Road, is an established industrial location, located approximately six miles south east of Sheffield city centre, and approximately five miles from Junction 30 and four miles from Junction 31 of the M1.
The site is also well served by local transport links with bus routes located on the estate plus the close proximity of the Halfway tram stop.
Rebecca Schofield, partner at Knight Frank, said: “The estate is ideally located south east of Sheffield within the Holbrook area of the city and enjoys easy motorway access.
“We are seeing an increasing number of these industrial estates modernised to cope with the heightening demand across South Yorkshire.”
Langtree owns and manages a substantial property portfolio of 40 sites across the North West, Midlands and Yorkshire totalling 2.3 million sq ft.