PROPERTY chiefs at Logistics North are confident more large-scale units - offered as part of a new partnerships - will soon be snapped up.

Four of out of nine ‘Multiply’ sites, constructed by owners Harworth with Lancashire County Pension Fund, are now occupied and said to be let on long-term leases.

And in a half-yearly report, released to investors, Harworth’s management is bullish regarding future prospects for the Middlebrook site.

The Multiply units, alongside an advanced manufacturing park in Rotherham, represent some of their key available business locations.

Owen Michaelson, group chief executive, said: “Reported interest at both sites from manufacturers and distributors is high and we anticipate announcing further lettings progress in the second half.”

Operating profits for the first half of 2019 are reported to be £13.3million, up from £6million in 2018.

Mr Michaelson added: “As in previous years, our overall performance remains weighted towards the second half.

“As things stand, we expect year-end performance to be broadly in line with the board’s expectations, but local political volatility now creates greater uncertainty surrounding the timing of certain value gains than existed previously.”

He confirmed that Harworth strategically remained “firmly positioned on the ‘beds and sheds’ sectors in the North and the Midlands”.

Two out of the three units completed as part of Multiply’s first phase have already previously been released, to landscape materials supplier Hardscape and PJH Group respectively.

And from the slightly smaller second-phase units, two have been taken up, by coffee machine and beans firm rijo42 and The Utility Warehouse.

Work on the third phase at Multiply is scheduled to begin this year, say the developers.

Their near neighbours include the likes of Amazon, Greene King, Lidl, Aldi, MBDA and Whistl.