Harworth, a leading regenerator of land and property for sustainable development and investment, has completed the letting of a recently completed, Grade-A Industrial & Logistics building at its Advanced Manufacturing Park (“AMP”) in Rotherham, South Yorkshire, to Insight, the solutions and systems integrator.
Insight has agreed a 15-year lease for the 73,000 sq ft unit, which reached practical completion earlier this month. It will serve as a major European Solutions Integration Centre for Insight, bringing together a number of operational processes under one roof, including distribution, technology lab services and agile office space.
0.2 million sq. ft. of Industrial & Logistics space has now practically completed so far this year on the AMP, a major hub for manufacturing in the UK, and home to global businesses such as Boeing and Rolls-Royce, as well as the UK Atomic Energy Authority and McLaren Automotive Composites Technology Centre. Construction of a new 80,000 sq. ft. headquarters for Technicut, a specialist tool cutting manufacturer, is currently on site, with a further 0.4 million sq. ft. of consented developable space available at the AMP. This will be ideally suited for a range of businesses seeking to upgrade or expand their existing facilities.
The delivery of further Grade A Industrial & Logistics space at the AMP aligns with the Groups strategy to grow its Investment Portfolio to £0.9 billion by the end of 2029 and transition its core Investment Portfolio to 100% Grade A by the end of 2027.
“Insight is a global leader in its field and its decision to choose Harworth’s Advanced Manufacturing Park to support its expansion plans is testament to the quality of space on offer, and appeal of the location. The AMP has established itself as an international centre of excellence for advanced manufacturing with its designation as part of the UK Government’s first Investment Zone, and we are proud to have played a role in its creation. We continue to focus on delivering high quality Industrial & Logistics schemes across the Midlands and the North of England in undersupplied markets where we are seeing strong demand from a wide range of businesses.”
Jonathan Haigh, Chief Investment Officer, Harworth Group
Harworth was advised by Knight Frank, with Savills (Leeds office) representing Insight.
Main photo credit: Lindum Group