Rotherham Investment & Development Office - Property Availability & Cost
Manufacturing/Industrial
Templeborough provides a key gateway between Rotherham Town Centre and the M1, and contains a number of new large developments:
Magna 34 - 299,390 sq. ft. development. This new £31m scheme contains a 151,123 sq.ft. warehouse/distribution unit with a further 106,874 sq. ft. of industrial space. In addition to this, there is 10,632 sq. ft. of office space available with a further 30,761 sq. ft. to be built as part of phase 2.
Ignite @ Magna - 95,000 sq. ft. industrial development. This £7.5m scheme consists of 8 industrial units.
Dinnington Business Park - 85 acres based on the former Dinnington Colliery site. With the whole site now having been reclaimed, Phase 1 of the development is almost complete, with the second phase now also available.
Incentives equivalent to six months rent-free are on offer in many cases.
Annual Rent Range: Up to £4 per sq. ft.
Warehousing/Distribution
Rotherham is home to a number of large warehouse developments. The newest include:
Magna 34 - 299,390 sq. ft. development. This new £31m scheme contains a 151,123 sq.ft. warehouse/distribution unit with a further 106,874 sq. ft. of industrial space.
Brookfields - an 84 acre development on the site of the former Manvers Main Colliery. The development, managed by St Paul`s Developments plc includes a mix of office and industrial space in a landscaped environment.
The first stage of the scheme was the completion of site remediation, new site infrastructure and the speculative development of 150,000 sq ft (13,935 sq m) of office/industrial space, which is now complete.
Incentives equivalent to six months rent-free are on offer in many cases.
Annual Rent Range: Up to £4 per sq. ft.
Headquarters/Regional Offices
Rotherham has a healthy supply of quality office space. The newest developments include:
Phoenix Riverside - 68,932 sq. ft. office development. Phase 1 is complete and consists of 32,154 sq. ft. of high spec offices and onsite parking with a further 36,778 sq. ft. still to be built under Phase 2.
Fullerton House & Court - 12,000 sq. ft. office development. This £1.3m development consists of two high spec detached office buildings offering 8,000 sq. ft. and 4,000 sq. ft. respectively, along with onsite parking and landscaped grounds.
Incentives equivalent to six months rent-free are on offer in many cases.
Annual Rent Range: Up to £15 per sq. ft.
Back Offices/Call Centres/Administration Centres
Rotherham is home to a number of call centres. Major developments include:
Building 36 & 37
Two modern office buildings of 39,706 & 62,400 sq ft, with 161 & 277 parking spaces. Global fibre providers serve the buildings with 2 dedicated cable routes running into each.
Freehold price on application, leasehold £10.50 sq ft.
Callflex Business Park
Two modern office buildings of 53,665 & 64,437 sq ft. and can be split by wing or floor. 292 & 216 car parking spaces are available.
Freehold price circa £85 sq ft, leasehold £8 sq ft.
Port@l at Callflex Business Park
A robust, resilient leading edge contact centre on a hosted basis by Port@l Limited, the UK's leading provider of flexible contact centres. Charging is on the basis of usage. The facility can be utilised for either long or short-term operations.
Incentives equivalent to six months rent-free are on offer in many cases.
Annual Rent Range: Up to £15 per sq. ft.
Serviced Office Accommodation
RiDO provide over 180 office/workspaces for start-up and small businesses in centres across the borough. All offer full secretarial and administrative support services; many to business incubation standards.
In RiDO's Business Centres, the survival rate for companies for the crucial first 3 years is just under 90%, which is well above the national average of 71%.
RiDO`s Centres include:
Fusion @ Magna - 13,844 sq. ft. development. This £4.5m scheme provides workshops, offices and incubation space for start-up businesses.
Matrix @ Dinnington - a new Business Centre, providing high quality office and workshop facilities, ideal for start-up businesses.
Moorgate Crofts Business Centre - a state-of-the-art, environmentally-friendly building, providing up to 60 small business units, with dedicated space for pre-starts, and to encourage young people into business.
Century Business Centre - a modern managed workspace complex providing 66 quality office and workshop units, for small and start-up businesses.
Annual Rent Range: Up to £15 per sq. ft.
Light Industrial
Magna 34 - 299,390 sq. ft. development. This new £31m scheme contains a 151,123 sq.ft. warehouse/distribution unit with a further 106,874 sq. ft. of industrial space.
Fusion @ Magna - 13,844 sq. ft. development. This £4.5m scheme consists of both workshops and offices and provides incubation space for new start-up businesses.
Matrix @ Dinnington - a new RiDO Business Centre, providing high quality office and workshop facilities, ideal for start-up businesses.
Incentives equivalent to six months rent-free are on offer in many cases.
Annual Rent Range: Up to £4 per sq. ft.
Business Parks
Waterfront
This £130m business, housing and leisure development around Manvers Lake, in Rotherham, is forecast to create up to 1,500 jobs. The project, from developers TCN UK, is set to regenerate about 285 acres (113 hectares) just minutes from Junction 36 of the M1 motorway and the A1(M) and M18. The work should be completed in 2010.
Dinnington
The 85 acre Dinnington Business Park is based on the former Dinnington Colliery site. With the whole site now having been reclaimed, Phase 1 of the development is almost complete with the second phase now also available.
Incentives equivalent to six months rent-free are on offer in many cases.
Annual Rent Range: Up to £6 per sq. ft.
Research & Development, Innovation, Science Parks
The Advanced Manufacturing Park (AMP) is a 100 acre (40 hectare) world-class manufacturing technology park, providing advanced manufacturing technology solutions to ensure repetitive advantage for industry.
Annual Rent Range: Up to £15 per sq. ft.
Land/Greenfield Sites
In 2008 there were 239.9 hectares of available undeveloped land in Rotherham, identified for industrial or mixed use.
In 2008 there was 14.94 hectares of land taken up for economic development (66% in the Southern area), less than the exceptionally high rates seen in 2005-07 but only slightly below the long-term average. The average annual rate of land developed for economic purposes over the past five years is 19.6 hectares. A further 12.25 hectares was under development at the end of 2008.
Cost Range: Up to £250,000 per acre
Retail
Town Centre Grants
Rotherham Council is offering rental contributions to small independent niche traders looking to open a retail or leisure business in Rotherham town centre. The grants offer 50% towards rent in the first year and 25% in the second, plus help towards shop fitting costs.
There is more than 55,000 sq m (over 600,000 sq ft) of commercial floor space, housing over 300 national and independent retailers.
The town centre benefits from being mostly pedestrianised, and offers competitive costs for car parking, in comparison to neighbouring towns.
Rotherham`s primary shopping streets have a foot flow ranging from 2.4m to 8.5m per year.
There is a vibrant indoor and outdoor market, trading Monday to Saturday, and attracting an 80,000-plus footfall every week, complemented by specialist farmers` and continental markets.
Annual Rent Range: Up to £15 per sq. ft.
