Markham Vale
Markham Vale has been granted Enterprise Zone Status
Markham Vale is an 80 hectare business park offering direct access to the M1 Motorway via a dedicated new junction, J29A. This prime development site offers industrial, warehouse and office accommodation in a range of unit sizes from 3,000 sq ft (279 sq m) up to one million sq ft (92,900 sq m). Markham Vale occupies a high profile location in the M1 Corridor and is available for immediate development.
Markham Vale is attracting strong levels of interest and a number of schemes have already been completed on the site including: a flagship Environment Centre (home to a range of firms from the environmental technology related centre): the speculative built Waterloo Court (currently fully occupied): and bespoke buildings for companies such as Industrial Ancillaries Ltd and MSE Hiller Ltd. The site developer Henry Boot Developments has recently completed its largest deal to date by securing a 100,000 sq ft pre let to automotive components distributor Andrew Page.
From April 2012, Markham Vale will benefit from Enterprise Zone status. This scheme offers companies Enhanced Capital Allowances for major investments in plant and machinery of up to £100 million.
In summary, a trading company setting up at Markham Vale that invests in qualifying plant and machinery would be able to claim enhanced first year allowances at 100% for 5 years from 2012.
As part of the Enterprise Zone designation, the site will also benefit from a simplified planning approach, which in line with the current outline planning permission for the site, guarantees a swift planning decision making process.
For further information on Enterprise Zone benefits and/or to discuss your potential move to Markham Vale, please contact Ben Ward (Senior Development Surveyor) at Henry Boot Developments tel 0114 255 5444 or email bward@henryboot.co.uk
