Hull property developer Allenby Commercial has welcomed Howdens to its Trade Yard Beverley development as it closes in on an early deal for the new Willerby version.
The mini business park development roll-out has seen the DIY business take the final unit in the East Yorkshire market town, while the overhaul of Bonus Electrical’s former site also takes shape with a first new tenant lined up.
Andy Hayton, director, said: “We began development at The Trade Yard Beverley in 2016 and quickly attracted Screwfix as a national brand to sit alongside some thriving local businesses which were already on the site.
“Since then we’ve built more units and added some more local businesses as they expanded but we’ve also retained the national interest which has been a feature of all our Trade Yard sites. Howdens is one of the high profile tenants at The Trade Yard Scunthorpe, and our investment in Beverley presented them with the ideal opportunity to upgrade their presence in the town by relocating from their premises nearby.”
Howdens, which has nearly 750 branches in the UK, announced in its 2020 preliminary results last week that the new Beverley branch will be one of around 45 new depots in the UK this year, building on last year’s total of 16 openings as the company bounces back from the impact of Covid.
The new site gives Howdens 10,000 sq ft of space including showroom, offices and warehouse.
Turning to Willerby, with the site only acquired last autumn, Mr Hayton said: “We started work straight away on redeveloping the site because we had such strong interest. We are delighted to have agreed a deal already with another leader in the DIY sector and we look forward to them revealing their plans very soon.”
Hull-based Garness Jones acted for Allenbys in the acquisition and marketing of The Trade Yard Beverley and are now marketing The Trade Yard Willerby jointly with CBRE.
Dave Garness, managing director of Garness Jones, said: “The success of The Trade Yard Beverley underlines how important it is to get the right ownership for a site. It needed the input of a good developer, which is what Allenby Commercial are.
They have upgraded the site to a very high standard capable of attracting exciting new businesses from the local area as well as national brands.
“What they all benefit from is the presence on their doorstep of plenty of chimney pots with established residential areas and new developments, and it’s the same at Willerby.
“It’s convenient for staff and for customers and another big advantage at Willerby is that The Trade Yard is in an extremely busy area, established as a commercial hub and attracting very high levels of footfall.”
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