A new business park in Swansea has been brought to market. Swansea East Trade Park, which is being developed by Day’s Property Holdings, will provide 100,000 sq ft of space, from hospitality and retail to warehousing, in the Llansamlet area of the city.
Day’s Property Holdings, the parent company of Swansea-based Day’s Motor Group - which employs more than 600 with annual revenues of more than £260m - has appointed property advisory firm RJ Chartered Surveyors to market and manage the scheme.
The park will comprise 17 units ranging from 2,000 sq ft to 20,000 sq ft. Work is scheduled to begin early next year and be operational by mid 2025 The scheme is already attracting interest with three anchor tenants already signed up. The scheme is being marketed at £10 per sq ft.
Nick Founds, commercial surveyor and associate director at RJ Chartered Surveyors, said: “This is huge for Swansea. The appetite for high-spec units by national brands and local businesses has been high for several years, but the space hasn’t been available in Swansea, until now.
“We’ve already had significant interest from national brands, and are confident that the development will attract strong names to the area; as well as offer space for local businesses to expand or re-locate.”
Michael McCarry, of Day’s Property Holdings, said: “This land was a brownfield site for several years, but we jumped at the opportunity to purchase it when it went out to tender by Swansea Council. Its potential was clear to us, and we are positive that it will bring even more big brands to Swansea, along with further job opportunities for locals.
“The city is growing rapidly and we’re proud to be part of its evolution with this development.”
The development will add to Day’s Property Holdings extensive UK-wide commercial property portfolio that includes schemes in Exeter, Southampton and Sheffield.
Swansea-based RJ Chartered Surveyors, currently manage several commercial developments across South Wales, including, Llys Cae Felin in Fforestfach, St David’s Industrial Estate in Llansamlet and Ethos (office building) at the city’s SA1 waterfront scheme.
