100,000 sq ft warehouse available at Markham Vale

A 102,515 sq ft industrial and distribution facility at Markham Vale, the popular 200-acre prime industrial park in Chesterfield has become available.

Commercial property agents Knight Frank and CPP have been appointed to secure a new occupier for the unit, which is partially racked and has a multi-tier mezzanine floor in situ fronting directly onto the M1 motorway at Junction 29a.

Rebecca Schofield, partner at Knight Frank and head of the Yorkshire industrial team, said: “Given the strategic location immediately adjacent to Junction 29a, the site is easily accessible to the South Yorkshire and East Midlands regions, with direct connectivity to the M1 and subsequently the M18, A38 and further afield.

“It is directly visible from the M1 at J29a and is ready for immediate occupation having the benefit of extensive fit out, being partly racked which could be further extended and a multi-tier mezzanine arranged over three levels which can be removed if not required. The premises also have heating and lighting throughout, office accommodation and canteen area.

“Given the shortage of such sized units in the region, we expect good interest.”

Availability of units 50,000 sq ft plus across South Yorkshire and NE Derbyshire region has declined by 12% on an annual basis, to stand at 1.2 million sq ft at end-September 2022 (units over 50,000 sq ft). This brought the vacancy rate for the region down to 2.1%, from 2.5% in Q3 2021.

Stuart Waite, Director in CPP’s Nottingham office, added: “The occupational market continues to perform well, with robust tenant demand set against an extremely limited supply of good quality, modern warehousing stock. We are already experiencing good levels of interest in the building due to its strong fundamentals.”

The unit, which features 98,222 sq ft of warehouse space and 4,100 sq ft of office space, forms part of Markham Vale, a 200 acre prime industrial and distribution park and is finished to a high specification.

Markham Vale has proved a huge success with current occupiers such as Great Bear, Smurfitt Kappa, Ferdinand Bilsteen, Gist, Meter Provida, Daher Aerospace and Holdsworth Food.

For further information contact Rebecca Schofield or Harry Orwin-Allen at Knight Frank on 0114 272 9750 or Stuart Waite at CPP on 0114 273 8857.