Rula Developments has submitted an outline planning application for the redevelopment of an 11.7-acre site off Europa Way and close to the M1 motorway in Sheffield.
The proposals, which have a gross development value of £38m, are set to deliver up to 272,000 sq ft of industrial, logistics and warehouse facilities. The existing factory building, which is being vacated by Tinsley Bridge Group, will be demolished.
Anthony Clitheroe, development director at Rula, said: “Our proposals seek to replace the old manufacturing building with warehousing space in what is an already well-established manufacturing and logistics location in Sheffield, just two miles from the M1.
“The area is already recognised as a hotbed for cutting-edge industry and is well placed for last-mile logistics operators serving the Sheffield City Region. The requirement for high-quality, purpose-built industrial accommodation in the region remains high, and we have already established strong interest from potential occupiers.”
Rula bought the site in November last year alongside a further frontage plot. CPP represented Rula on the site acquisition and investment sale and have been retained as agent for the new-build alongside Colliers.
Architectural firm The Harris Partnership has designed the scheme along with Adept Consulting Engineers and RPP Group, while ID Planning is supporting the planning application process.
Image © The Harris Partnership
Send feedback to Evelina Grecenko
Follow Estates Gazette
