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The last available unit was found in the business park

Balme Business Park, the second phase of Wakefield’s Flanshaw Way development, is now fully let.

The business park, which was initiated by Bradford-based multi-tenancy developer Frank Marshall Estates, comprises 26,000 sq ft of new units ranging in size from 1,500 sq ft to 6,000 sq ft.

All nine units have already been leased. The final unit available has just been let to Howdens Joinery, who have taken 6,750 sq ft on a 15-year lease.

The park has delivered £3.5m of investment to Wakefield and created over 100 new jobs.

Balme Business Park was named after Chris Balme, the long-time construction manager at Frank Marshall Estates. The park was completed last November.

Edward Marshall, director of Frank Marshall Estates, said: “It felt only right to honor Chris in this way. He is one of Yorkshire’s best known and most experienced construction professionals.

“That the park was fully let within five months of completion is a real testament to both its quality and location.

“We are meeting the needs of smaller businesses that need a quality work environment in a property under 10,000 square meters.

“We are extremely proud of the magnificent success of Balme Business Park, which is down to the fantastic team we have.

“I would like to highlight the vitally important roles played by the following: Clarion’s Simon Mydlowski, Yorkshire’s top property solicitor; Rachel Slater and Matt Hall of KPP, Best Architects; Peter Dixon of Dudleys Consulting Engineers; the team from Percy Pickard Contractors; Jonathan O’Connor of Ryden; Max Vause to Carter Towler; Rob Oliver at Avison Young; and Michael Alton of Eddisons, who manage the property, along with our subcontractors including Jacamast Structures and Couldwell Concrete flooring.”

Frank Marshall Estates bought the four-acre site on the outskirts of Wakefield from Flanshaw Property Ltd for £1.3m in 2020.

The first phase of the Flanshaw Way development included 17 units, including seven Nano hybrid units and 10 light industrial and warehouse units of up to 9,500 sq ft, and was fully let within a year.

Jimmy Marshall, co-director of Frank Marshall Estates, said: “When we bought this land, we promised to create the best business park Wakefield has ever had.

“We have now delivered on this promise, despite the ongoing challenges of the pandemic and the uncertainty surrounding Yorkshire’s commercial property market.

“It is clear that there is massive pent-up demand in West Yorkshire for high-quality buildings of 10,000 sq ft and under in prime locations.”

Max Vause, of property consultants Carter Towler, which advises Frank Marshall Estates, added: “As always, it has been a pleasure working with Frank Marshall Estates to bring this outstanding development to market. The fact that it is now fully derelict demonstrates brilliantly the quality of the park.

“It’s been great working with a developer as passionate and professional as Edward Marshall, and I’m very proud of what we’ve achieved together. It was also great working with Edward’s lawyer, Simon Mydlowski of Clarion.”

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