Planning received on prime Sheffield logistics site
Planning permission has been granted for the next phase of speculative development at PLP Bessemer Park, which runs alongside the M1 in Sheffield.
Sheffield City Council has approved the reserved matters application, by industrial and logistics developer PLP, which will bring forward the next phase of development next to Junction 34 of the M1 motorway.
Following on from the success of the first phase, which saw all speculative units leased before practical completion, the next phase of development will see a total of 605,000 sq ft constructed in four units ranging from 83,000 sq ft to 292,000 sq ft.
Construction will start on site in the summer of this year.
Hugh Chesterton, development director at PLP, said: “This is great news for PLP’s continued investment into the city of Sheffield. This planning consent allows us to forge ahead with the second phase of PLP Bessemer Park providing high quality space to meet the growing number of unsatisfied enquiries in the Sheffield market where supply is rapidly depleting.’’
CBRE senior director Mike Baugh added: “This is fantastic news for PLP, following the success of Phase 1. With planning consent now in place, the final phase at PLP Bessemer Park offers the finest opportunity for strategic industrial and logistics development in the Sheffield area. We are already receiving strong interest in the site and given the buoyant nature of the market currently we anticipate early deals will be concluded.”
PLP is represented by Knight Frank Sheffield, CBRE Leeds and Moriarty & Co.