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ST MODWEN ACQUIRES LAST DEVELOPMENT SITE AT HOLBROOK INDUSTRIAL ESTATE

St Modwen Developments Ltd has acquired the last plot of employment land available for development on the former Cow Lane opencast coalmine site at Holbrook, Sheffield, from Sheffield City Council for £1.15 million.

St Modwen is finalising its development proposals prior to submitting a planning application for consent to develop up to 100,000 sq ft of employment space on the 4.65 acre plot which will help to create 250 jobs.

Stephen Prosser of St Modwen said: “We are delighted to have secured a further development opportunity in Sheffield following our successful development of 25 acres at Shepcote Lane. Holbrook is a well established industrial location six miles south-east of the city centre and with easy access from Junction 31, M1.

“We are already in discussion with a number of potential occupiers.”

Knight Frank acted for St Modwen.

For further information contact Stephen Prosser (0113 272 7070). Isued by Paul Raymer of Howle Chapman Raymer (0121 236 7771).