St Paul’s Developments has brought land at Smithy Wood to market following news in March of the Sheffield City Region Enterprise Zone’s expansion. Able to accommodate 500,000 sq ft, Smithy Wood is one of the largest of the nine strategic sites on the LEP’s ‘economic growth corridor’ with EZ status.
That means it can now offer various benefits to occupiers such as tax relief through business rates, enhanced capital allowances, simplified planning and recruitment support.
Smithy Wood has immediate access to Junction 35 of the M1 and has attracted a host of high profile occupiers since work started on the business park in 2005 including Kier, DPD, Medilink UK and Konica Minolta. Regeneration specialist St Paul’s Developments has already transformed 20 acres of the extensive 50 acre site in a joint venture partnership with The Norfolk Estate with over 165,000 sq ft of developed space in Phases 1 & 2.
Following the success of the first two phases, the partnership has unveiled the third phase which extends to 29 acres of ‘oven ready’ land and benefits from EZ status.
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