Work in progress on the second phase of the development of the business park | Yorkshire Property News


Bradford-based Percy Pickard Construction Manager Chris Balme


Work has begun on the second phase of the Flanshaw Business Park development in Wakefield.

Bradford developer Frank Marshall Estates bought the four-acre site from Flanshaw Property Ltd for £1.3million in 2020.

Since then, the first phase of the job park, located on the outskirts of Wakefield by junction 40 of the M1, has been fully let.

The first phase was speculatively developed last year and comprised 17 units, including seven Nano Hybrid units and ten light industrial and warehouse units of up to 9,500 square feet.

The second phase will consist of 26,000 square feet of units ranging from 1,500 square feet to 6,000 square feet.

Work has now started on the site and is expected to be completed by June next year. The main contractor is Percy Pickard of Bradford.

Edward Marshall, Director of Frank Marshall Estates, said: “We are extremely proud of the success of our speculative development of the first phase of Flanshaw Way, which is a resounding endorsement of what Flanshaw has to offer, and we are delighted to have already aroused great interest in the second phase.

“When we bought this land we promised to create the best business park Wakefield has ever had. We are now delivering on that promise, despite the challenges posed by the global pandemic and the uncertainty surrounding the Yorkshire commercial property market. .

“It is clear that there is massive pent-up demand in West Yorkshire for high quality buildings of 10,000sqft and under in excellent locations. We are delighted to be the area’s leading developer for this market. specific.”

Avison Young is joint marketing agent for Flanshaw Way, along with Carter Towler’s Hazel Cooper and Ryden’s Jonathan O’Connor.

Rob Oliver, director of real estate consultancy Avison Young, added: “When we sold this site to Frank Marshall Estates, we were convinced from the outset that a program of this nature would be well received by the local business market.

“While there have been a number of mid to large-scale developments in the Wakefield area over the past few years, there has been relatively little development of smaller units, despite good demand.”

Previous New FGA paper highlights three reforms to further encourage youth entrepreneurship
Next Citi capitalizes on its global strengths to drive synergies between business units