Business

17 January 2024

TWO HUNDRED new much-needed jobs could be created on the East Yorkshire coast after an £3.7m investment to modernise and transform the fortunes of Bridlington Business Park.

Purchased by Manchester-based MCR Property Group in November 2021, a significant part of the development on Bessingby Way is undergoing a comprehensive refurbishment and modernisation programme to meet the demands of local occupiers.

The capital investment programme is transforming the northern part of the site that had been mothballed and left derelict by previous owners. 22 new units will be created providing modern industrial, storage and trade counter units ranging in size from 1,000 to 15,000sqft.

Ahead of the official opening in a few weeks, three pre-lettings have already been agreed and viewings are now welcomed for the remaining available units, which are being marketed by PPH Commercial, the Hull-based chartered surveyors and commercial property consultants together with MCR Property Group’s internal lettings team.

Explaining why he expects to field a host of enquiries, Charles Denby, Asset Manager at MCR, said: “There is a real lack of good-quality industrial units in the Bridlington area and we have invested heavily because we are confident in the scheme we are providing and the region’s economy.

“We have worked hard to improve the units which were vacant so that we can bring valuable industrial space back to the market. The refurbishment works are well underway and progressing at a very fast pace which is testament to the approach we take on all our projects as an active investor and landlord.

Industrial trade counters with excellent access

Located on the north side of Bessingby Way, the business park is in a popular industrial and trade counter location. Already home to a mix of national and local occupiers, including Screwfix, Crown Paints and Evri, its proximity to the A614 means it has good connections to the surrounding towns of Driffield, Beverley and Scarborough.

Once refurbished, each unit will provide modern storage and industrial units and trade counter space ranging from 1,000 to 15,000sqft. The estate will benefit from landscaped areas, CCTV and on-site management.

Designed with modern business in mind

Commenting on the speculative initiative, PPH Commercial’s Ben Cooper, Divisional Director for Office & Industrial Property, said: “We are continuing to experience increased market demand for industrial and trade counter units and there is a real shortage of supply throughout the region.

“All of the updated units at Bridlington Business Park are refurbished to a high standard and will definitely cater for the demands of a modern business. We expect them to prove extremely popular.”

To find out more or arrange a viewing, contact Ben Cooper by calling 01482 648888 or email ben.cooper@pph-commercial.co.uk

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