the north east |


IN MY VIEW D


oncaster continues to benefit from its excellent location within easy access of


several motorways, a proactive Local Authority driving a significant number of regeneration projects and inward investment to flagship schemes such as the National College for High Speed Rail and iport, all of which have created momentum especially in the industrial/


warehousing and office sectors providing


confidence for the continued growth of the town.


The industrial Ian Brooks


market has benefited from the development of the Bullrush Business Park next to Junction 3 of


the M18 which is now fully let, the Marrtree Business Park (unit sizes 1,500 to 10,250 sq.ft ) off Wheatley Hall Road and the Sky Business Park (unit sizes 3500 - 6000 sq.ft) at the Doncaster Sheffield Airport, The opportunities presented have allowed progressive companies to move forward


by Ian Brooks, PPH Commercial


and created a degree of ‘churn’ in better quality second hand space. The market for modern office space to the edge of the town centre has improved largely as a result of little new development since 2007 and gradual take up of surplus space. The 24 unit Fountain Court scheme to the edge of the Airport has all been


Opportunities are still


available at the Hayfield Business Park opposite the main entrance to the Airport campus and the Richmond Business Park off White Rose Way.


transacted on both freehold and leasehold terms. Opportunities are still available at the Hayfield Business Park opposite the main entrance to the Airport campus and the Richmond Business Park off White Rose Way.


On the retail front, Doncaster town


centre is facing the challenges of high streets throughout the country with the weakness of several multiple traders, the long shadow of the internet, business rate pressures and car parking concerns. Landlords able to offer flexible packages have been better placed to attract a limited number of tenant enquiries,


Doncaster Council is looking to invest in the town centre by significant upgrade of the railway forecourt, rationalisation of the iconic market buildings, the pedestrianisation of Silver Street, the creation of a new water front zone with marina facilities alongside the Doncaster College and provision of a new retail/leisure offer next to the Cast Theatre.


Other infrastructure projects including the opening of Phase 2 of Yorkshire Way in Summer 2018, the building out of the Lakeside Triangle restaurant and leisure scheme, the proposed ‘Project Unity’ regeneration development to provide industrial and warehouse units on a 180 acre site at Junction 5 of the M18 and plans for a PGA standard golf course at Rossington Hall, all give grounds for optimism that the local economy and key players have the resilience and drive to move Doncaster forward.


BRIDGE ESTATES CLOSES ON MOST SUCCESSFUL DEAL IN WEST YORKSHIRE C


ommercial property developer Bridge Estates has recently closed on its most significant deal in West Yorkshire with the sale of the College Trade Park in Leeds, valued in excess of £10m. Bridge Estates chose Leeds-based law firm, Blacks Solicitors LLP, to oversee the deal due to the longstanding partnership and the law firm’s specialist knowledge of and experience in construction, banking, tenancy and investment work. The commercial property developer and law firm worked closely with surveyor and agent JLL, Lloyds Bank and Stainforth Construction to oversee the acquisition of the site, construction process and completion of the leases and the sale. The first occupiers, including Edmundson Electrical, Selco, Screwfix and Topps Tiles, have recently moved into the site. Beth Laidler, Partner at Blacks, led


the Commercial Property team throughout the transaction. She said: “We’ve really enjoyed working alongside the team at Bridge Estates and securing its largest deal to date. Using our specialist knowledge we ensured that the


COMMERCIAL PROPERTY MONTHLY 2018


L-R Paul Crabtree, Arthur Brownridge, Nick Dyson and Beth Laidler


entire process from acquisition to sale ran seamlessly. We look forward to continuing our partnership with Bridge Estates and contributing to future successes.” Paul Crabtree, Property Director at


Bridge Estates, added: “I’m extremely proud that Bridge Estates has recently closed on its most successful deal to date.


This is a really exciting time for the company and we have some fantastic projects in the pipeline. We’d like to say a huge thank you to Beth and the team at Blacks for ensuring that everything from start to finish was completed as smoothly and simply as possible.” For more information about Blacks’


services, please visit www.LawBlacks.com 73


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