Warehousing, distribution and logistics provider Carlton Forest Group has taken developer Goodman’s 125,000 sq ft warehouse in Rotherham, South Yorkshire.
The North Nottinghamshire based company has taken the unit to assist with its current expansion programme. The company’s latest annual report noted that turnover had increased to £7.7 million in the 12 months to 31 August 2019, up £3 million.
Carlton Forest Group, which is based in Worksop, has posted a turnover of £7.7m for the 12 months to 31 August 2019, up from £4.7m.
The warehouse occupies a standalone position close to the Hellaby Industrial Estate, which is home to occupiers including TNT, Clipper Logistics, UPS and KP Snacks.
Having undergone a significant refurbishment, the unit has new docks, lighting, and office modernisation. It also boasts canteen space, and benefits from a prominent frontage to the A631 Rotherham Road.
Commercial Property Partners and Savills advised.
Ed Norris, Partner at Commercial Property Partners, said: “We are delighted to have secured the letting of this well-located unit, not least during these unprecedented times.
“During recent months there has been a continued demand for high spec industrial properties within the region, which will only accelerate as tenants regain the flexibility and confidence to move between properties.”
Tom Asher, Director at joint agents Savills added: “The industrial market continues to go from strength to strength.
This letting along with further market activity proves the strength in the industrial and logistics sector.”