Next warehouse gives jobs boost

0
Have your say

DONCASTER has been handed a jobs boost after the retail firm Next agreed to expand into a major warehouse site in the borough.

The firm is taking up its second unit on the West Moor Park industrial estate in Armthorpe, it has been announced.

When it moves into the site it will take up a 122,519 square feet warehouse. The firm already has a presence on the site.

Next has signed a 15-year lease at an undisclosed rent on what the landlords at the site describe as a speculatively developed distribution facility.

It is close to their existing, bigger site, which is around 700,000 square feet warehouse on West Moor Park.

The new site will be used for storage and distribution of the Next homeware range.

The company has not yet revealed how many jobs there will be at the new site.

But the site’s industrial agents, CB Richard Ellis in Sheffield, said the deal signaled the full occupation of the site.

Roger Haworth, senior director at CB Richard Ellis in Sheffield, said: “To have achieved full occupation of the speculatively developed accommodation at West Moor Park is excellent news for both the scheme and the broader region.

“These high take-up levels will now pave the way for pre-let deals to emerge throughout the next 12 months, improving the prospects for new development within the Yorkshire region.”

He said last year brought a host of major deals to large retailers who took up large warehouse sites. Firms have include Ikea, Fellowes and Scotts Miracle Gro.

John Hammond, Investment Manager at developer IM Properties, said: “We are delighted to have facilitated this expansion for Next who ideally complement the high profile tenant mix. The scheme’s key location and quality of accommodation has proven successful in attracting major occupiers which has in turn generated job opportunities for the Doncaster area.”