Completion of development that can be adapted to buyer’s needs

PROPERTY development and investment company Wykeland Group has reported a “steady flow” of enquiries from across the UK following the completion of a speculative commercial development in East Yorkshire.

The Hull-based company has just completed a new 50,480 sq ft building on 2.7 acres of Meltonwest Business Park on the A63, 10 miles west of Hull. It is the first building on the development to be fitted with solar panels and it has features which can be adapted depending on who buys the building.

Wykeland said it was designed to be suitable for a range of manufacturing and warehouse uses with ancillary office space.

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Rob Richardson, Wykeland’s asset manager, said: “Within days of the building being finished and offered to the market, we were receiving some very positive enquiries from Yorkshire-based businesses and from companies based further afield.

“This is the only speculatively built commercial unit of its size in Yorkshire currently available and what has made it even more attractive is the flexible nature of the design and construction.

“Because it is a speculative unit, we cannot be certain about the building’s eventual use so we have designed the building in such a way that the floor slab and offices can be completed later in a manner that fits the nature of the end user’s business.”

He added: “We delivered an industrial building in a similar fashion at our Europarc Business Park in Grimsby, which proved very successful.

“This flexibility will provide a growing company that is making a long-term commitment and investment the ability to bespoke the facility for its own use”.

Wykeland commissioned Dodds Solar, of Driffield, to install 504 solar panels.

The installation is expected to generate 92,632 Kwh of electricity per annum, which it says will allow the occupier to offset 52.5 tonnes of CO2 per annum.

Wykeland began the road, drainage and services infrastructure at Melton West in early 2008 and since then has developed over 500,000 sq ft of commercial space at the site.

Rob Richardson said: “The quality of the development and its location adjacent to the A63, providing quick access to the country’s motorway network, has made this one of the North’s prime business locations.”

The business park is already home to firms including Heron Foods, House of Townend, Allam Marine and most recently Kohler Mira, the Hull-based shower manufacturer which is investing £6m in a new state-of-the-art factory at Melton.

Wykeland has a £350m development programme including the Europarc business park in Grimsby, Flemingate Regeneration project in Beverley, Bridgehead Business Park and the Dry Dock regeneration scheme in Hull.