Harrogate-based Marrtree Investments has just completed work on the second phase of its flagship £5.5m Marrtree Business Park at Sowerby Gateway, Thirsk. The development is expected to create more than 40 jobs for the area.
The first phase opened in February last year with tenants: Toolstation, Screwfix, Motor Parts Direct, and Duftons Plumbing and Heating Supplies all snapping up units.
November 2022 sees the second phase of 30,000 sq ft phase of the development completed by Harrogate construction group HACS, at a cost of some £2.5m with a third of the new development already pre-let to wholesaler PJH Bathrooms.
Marrtree expects to see further tenants signing up for the remaining eight units this autumn.
Commenting on the project, Marrtree Investments director, William Marshall says: “Following the success of the first phase of the development, we’re thrilled the entire scheme is now complete,” said Marrtree Investments director, William Marshall. “The fact that we’ve already pre-let a third of this final phase is proof of the continued high demand for the kind of modern, high-quality employment space with which Marrtree has become synonymous over the years. We have had a huge amount of interest in the remaining units and we’re confident further tenants will come forward over the next few months to fill them.”
Fellow director George Marshall adds: “The development has already proved a major economic boost to the region’s economy with the creation of around 50 new jobs so far, and the recent completion of the entire scheme means the prospect of further job opportunities for local people, which is great news for the area.”
Marrtree Investments has a portfolio of more than 20 business parks located in strategic employment sites across the north of England. The developer acquired the 2.4 acre site of the former B&M store at Clifton Moor in York last year and work to redevelop the site, with the potential to create up to 100 new jobs when it is completed, is set to get underway early in 2023.
Founded in Bradford back in the 1940s, and now run by the third-generation brothers William and George Marshall, the Marrtree Group of companies has operated for over 80 years. With interests in commercial and residential property, quarrying and forestry, the business is now based in Harrogate.
