Asset Type: Industrial
Address
Unit 4, Parkway One Business Centre, Sheffield S9 4WQ
Tenant Information
Arkote Limited
Location
Sheffield is the principal financial and commercial centre for South Yorkshire and the North East Midlands. The city is the fourth largest in England with an urban population of 640,720 and a district population of 551,800 (Census 2011).
Sheffield lies to the west and within four miles of the M1 Motorway (Junctions 33 and 34 north and south) and within 6 miles and 25 miles of the M1/M18 intersection and the M1/M62 intersection respectively. The M62 provides ready access to the Humber ports and to Lancashire. To the South the M1 links with the M42, which provides access to the West Midlands conurbation within an hour’s drive. Manchester, Leeds/Bradford, Sheffield/Doncaster and East Midlands International Airports are also readily accessible, whilst London is within two and a half hours by Inter City Rail Link.
The age structure of the population is broadly similar to that of the national population. This is also the case for socio-economic classifications, although there is a marked difference in those of ‘Municipal Dependency’ with 18.07% of Sheffield’s urban population within this category, as oppose 6.73% of the national population. The unemployment rate in Sheffield as at January 2011 stood at 4.5% compared to 5.3% nationally.
The main employment sectors within Sheffield are Manufacturing Industrials 15.0% (GB14.8%), Banking, Finance & Business Services 14.8% (GB17.5%), Retail 16.7% (GB 16.6%) and Construction 7.1% (GB6.8%). Major employers within the city include The Royal Hallamshire Hospital, The Northern General Hospital and Irwin Mitchell with 6,000, 5,000 and 1,800 employees respectively. The property is located on the Parkway One business centre. A modern business centre mainly put to manufacturing, logistics and office use. It is located off the Sheffield Parkway, which links the city centre with Junction 33 and 3 of the M1 motorway. The property is situated on the north side of Parkway Drive approximately 3 miles east of the city centre and 4 miles west of Junction 33 of the M1 motorway.
Nearby occupiers include Nest, Costco and Makro wholesalers, HSS Hire and Pentagon Sheffield car dealership amongst other office industrial and warehouse occupiers.
Property Description
The property comprises a modern steel portal framed warehouse property with an internal two-storey office block which we understand was built in 2008. The property is surmounted by a shallow pitched roof covered with steel profile cladding. Externally the elevations are covered with steel profile cladding except the southeast corner which has steel clad elevations and powder coated aluminium double glazed windows.
Internally the warehouse is mainly open plan with block partition area to the northwest corner. There are 2 no. up and over roller shutter door doors measuring 4.00 meters in width and 4.5 meters in height. The warehouse has an eaves height of approximately 7 meters. To the rear is a smaller roller shutter door measuring 3.00 meters in width and 3.00 meters in height.
The office accommodation is divided into a number of meeting rooms and offices to the first floor and a reception area, offices and a staff canteen on the ground floor. They are decorated to a good standard including raised floors with a carpet covering to the first floor, plastered walls and a suspended ceiling with inset LG7 style light fittings. The canteen has a vinyl floor covering, plastered walls and a suspended ceiling. It has base and wall units with an inset stainless steel sink and drainer and wall mounted combi-boiler.
Externally the property has a tarmacked yard with low level landscaping including painted car parking bays and a covered bicycle store.
