Leeds-based Evans Property Group is developing a new, three-unit industrial scheme on Great North Way at York Business Park.
CBM Construction has been appointed with work now underway on the units which will be available to occupiers in Summer 2020.
The scheme involves the construction of three self-contained units comprising 4,225 sq ft, 3,650 sq ft and 3,250 sq ft with a total development value of £1.4m. Once completed, the warehouse/industrial units will benefit from a host of features to include integral offices, fenced yard areas and dedicated parking.
The units are situated on Great North Way, the main estate road within the established York Business Park which is located just 3 miles from York City Centre, with frontage to the York outer ring road (A1237) and the A64. Occupiers will benefit from a host of leisure amenities already in place at the Park as well as easy access to the regional and motorway network, York city centre and national rail lines.
The new development continues Evans’ long-standing involvement with York Business Park, in which it has had interests since the 1990s.
Richard Bean, senior asset manager for Evans Property Group, said: “We are delighted to confirm the construction of three new units at York Business Park, continuing our investment in the proven successful Park. The excellent position of the units will satisfy increasing local demand for new industrial space of this quality within the York area.”
Flanagan James has been appointed as agent on the properties.
Richard Flanagan, director at Flanagan James, said: “York Business Park is a popular location which is home to many businesses. We are already experiencing a good level of enquiries for these units in the early marketing phase, and they are proving to be of interest to a range of businesses for a variety of uses.
“The industrial/warehouse market is performing strongly in York as a result of a shortage of supply of units of these sizes, and I expect that these new units will be let quickly once completed in the summer.”