Agents at Knight Frank in Sheffield are celebrating after securing what they claim is the biggest industrial property letting in Yorkshire this year.
Great Bear Distribution will move into a 412,500 sq ft Logistics Property Partnership warehouse on Shepcote Lane, near Junction 34 of the M1
It was the last large warehouse available in South Yorkshire, according to Knight Frank. Now only buildings less than 277,000 sq ft are available
Rebecca Schofield, partner at Knight Frank, said it was a “landmark” transaction and another vote for logistics in South Yorkshire over the “traditional stronghold” of the Midlands.
She added: “There has been a reduction in the supply of large scale units over the last 12 to 18 months and Great Bear felt confident enough to take advantage of the availability and terms offered to add to their portfolio.”
The site has parking for 83 HGV trailers and an 84,000 pallet capacity.
Great Bear already operates sites in the East Midlands and north west and runs more than 200 lorries and vans.