Thursday, October 17, 2024

Insight agrees 15-year lease on Rotherham AMP property

Harworth signed a 15-year lease with Insight for a new Grade-A Industrial & Logistics building at Rotherham’s  Advanced Manufacturing Park.

Insight will use the 73,000 sq ft unit as a major European Solutions Integration Centre, bringing together a number of operational processes under one roof, including distribution, technology lab services and agile office space.

Jonathan Haigh, Chief Investment Officer at Harworth, said: “Insight is a global leader in its field and its decision to choose our Advanced Manufacturing Park to support its expansion plans is testament to the quality of space on offer, and appeal of the location. The AMP has established itself as an international centre of excellence for advanced manufacturing with its designation as part of the UK Government’s first Investment Zone, and we are proud to have played a role in its creation.

“We continue to focus on delivering high quality Industrial & Logistics schemes across the Midlands and the North of England in undersupplied markets where we are seeing strong demand from a wide range of businesses.”

The AMP is a major hub for manufacturing in the UK, and home to global businesses including Boeing and Rolls-Royce, as well as the UK Atomic Energy Authority and McLaren Automotive Composites Technology Centre.

Construction of a new 80,000 sq. ft. headquarters for Technicut, a specialist tool cutting manufacturer, is currently on site, with a further 0.4 million sq. ft. of consented developable space available.

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