Retail site ahead of schedule

Site: Onward Holdings' six unit retail scheme in The Dearne Valley, which JF Finnegan is building.
Site: Onward Holdings' six unit retail scheme in The Dearne Valley, which JF Finnegan is building.
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Construction group J F Finnegan has reached the halfway point in the construction of the six-unit first phase of Onward Holdings ONYX development in the Dearne Valley ahead of schedule.

The development is on the A633 between Barnsley and Rotherham and is part of the 285-acre Waterfront regeneration site.

Two 1,000sq ft units are already under offer to major food chains Subway and Domino’s Pizza.

Andrew Miller Chartered Surveyors of Sheffield represented Onward Holdings in both deals, Colliers International acted for Subway and Domino’s was unrepresented.

Andrew Miller said: “Key contributors to ONYX’s success in attracting the high-profile chains is the broad range of consents in place and the excellent demographics. This is highlighted by the 94,000 population within a 10-minute drive of the scheme and the 18,000 passing vehicle movements each weekday.

“This, in addition to sensible lease terms and realistic rents, make it an attractive option for occupiers. Consequently, we are currently handling high levels of interest in the remaining units from a number of well known names.”

Permission has been granted for a total of 17,500sq ft of retail and leisure space to be built on the 2.5 acre ONYX site.

John Storey, property director at Onward Holdings, said; “The Manvers Way site’s strategic location and ongoing surrounding regeneration highlighted its suitability to accommodate a multi-unit retail and leisure scheme. Following the early interest from Subway and Domino’s we have been able to commence with works on site and are looking forward to welcoming additional occupiers in due course.”