Partner Article
CPP secures £3.5m sale at popular Barnsley site
Property consultants Commercial Property Partners (CPP) has facilitated a multi-million-pound deal in Barnsley, South Yorkshire, finalising the sale of more than 0.66 acres for a private client.
Spanning 2-18 Queen Street, 26 May Day Green and 1-11 Eldon Street, the bustling island site is situated in Barnsley’s largest retail, administrative and commercial centre. With its key frontage located on Queen Street, covenants include Holland & Barratt, Costa Coffee, Specsavers, Barclays and Halifax.
Sitting within the town’s primary pedestrianised retail area, the property comprises 10 retail units, as well as 3 upper floor suites offering significant potential for developers.
Benefitting from its proximity to Doncaster, Sheffield and Leeds, Barnsley boasts strong connections, and is situated at the junction of the A628 A635 and A637 roads. The location is further enhanced by its links to Junctions 37 and 38 of the M1 motorway.
Barnsley town centre has recently benefitted from a £180m regeneration scheme, with “The Glass Works” sitting on 9.5 acres of land directly opposite to the retail site. The region is projected to see significant population growth within its Retail Market Area over the coming years, boosting the town’s appeal to retail occupiers.
Commenting on the deal, Robin Bullas, Director at CPP, said: “We are delighted to have secured this agreement for our client during what has been an incredibly challenging time for the high street retail sector.
“We all hope to see Britain’s high streets return to business over the coming months and finalising this deal in Barnsley marks a step in that right direction.”
This was posted in Bdaily's Members' News section by Hannah Butler .
Enjoy the read? Get Bdaily delivered.
Sign up to receive our popular Yorkshire & The Humber morning email for free.
We must forge change to close the skills gap
Creating the conditions for North East talent to thrive
Time to end London monopoly on arts talent
Why local government is key to devolution success
Your reputation is worth more than that invoice
There is no perfect time when selling a business
What next when social media career help goes?
The psychological contract that nobody signs
Time for strategy built on the foundational economy
Why being ‘work-ready’ matters more than ever
The North's future doesn't end at Manchester
Exit or legacy? Why every owner needs a plan