Second phase of Meadowhall Business Park launches to market

The second phase of a multi-million pound business park refurbishment in Sheffield has been launched, after developers let 60% of the site earlier this year.

ARBA Group’s redevelopment of the 70,000 sq ft Meadowhall Business Park has attracted an array of tenants such as Tuffnells Parcels Express, which is relocating its headquarters to the former council-owned site at Carbrook Hall Road.

The interest in the park means that the remaining accommodation on the five-building complex, buildings two and four, are being brought to market with fit-outs to deliver a further 30,000 sq ft of offices available in suites of 3,750 sq ft and larger.

Richard Burns, director at ARBA Group, said: “The development of Meadowhall as a business district has allowed us to capitalise on the location of Meadowhall Business Park and we are still seeing healthy demand for quality accommodation as other projects in the area come to fruition.

“We have reviewed the site’s performance over the first half of the year, which has been exceptionally good, and will be marketing the remaining space from November, following the opening of the new IKEA store immediately opposite.

“Our collective tenants demonstrate the breadth of businesses which actively sought out accommodation of this specification which has the benefits of city centre offices but without the premium price.”

Meadowhall Business Park is being marketed by the Sheffield offices of Knight Frank and Campbell & Co.

Tenants include Auburn Ainsley, Alpharooms, Preventx, Kitchenex, Galaxy Insulation and Dry Lining (Holdings) Limited, North Midlands Construction Plc, NG Bailey and photography and makeover studio, Chique Photography.

Peter Whiteley, partner and head of the Sheffield office of Knight Frank, added: “This is a good time to take stock of the development aims for Meadowhall Business Park, but it is clear from the strength of enquiries that the remainder of the site would benefit from being brought to market in November.

“Despite economic predictions surrounding Brexit, Sheffield is witnessing healthy demand for quality office stock, which is in relatively short supply. ARBA Group’s refurbishment of these units has hit a sweet spot in the market, primarily due to location, quality of fit-out and cost.”

Changes at the site have seen the removal of link-bridges between the units, complete refurbishment of internal and external finishes including new colour-coded exteriors, break-out areas within foyer spaces and landscaping and parking upgrades.

Meadowhall Business Park is located on Meadowhall’s Carbrook Hall Road, close to the M1 motorway junction at junction 34 and adjacent the Meadowhall Shopping centre.

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