Building Briefs:
ASDA has signed a new lease at Unit 3 Vantage Point in Morley.
Property consultancy Ryden signed up the supermarket on behalf of client ING Real Estate Investment Management.
The deal sees Asda occupy a further 1,300 sq ft of warehouse space at Vantage Point, taking their total accommodation to 50,285 sq ft.
Steven Jones at Ryden said: “Asda’s interest in Unit 3 enabled them to expand their ‘Merchandising Centre of Excellence’; a mock-up shop where new store displays and layouts are put to test. Unit 3 was ideal for Asda as it sits adjacent to their existing premises at Vantage Point.”
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TWO further office lettings have been completed at 49a St Paul’s Street in Leeds, owned by Kelly & Co Solicitors.
Watts, a consultant to the property and construction industry, has agreed a three year lease on 887 sq ft of space.
In the second deal, financial advisers Prosperis have taken a three year lease on the building’s second floor.
Tom Brammeld, from joint leasing agents Jones Lang LaSalle, said: “These deals, which follow on from the 2,450 sq ft letting to Trend Micro completed late last year bring two further quality tenants into the building and mean that almost 4,000 sq ft of space has been let at 49a St Paul’s House within the last few months.
“Just 6,000 sq ft of space now remains in the building.”
Jones Lang LaSalle and BNP Paribas Real Estate are joint leasing agents.
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THE industrial agency team at Colliers International in Leeds has sold 139,000 sq ft of industrial and distribution premises at Elsham Wold Industrial Estate in North Lincolnshire.
The 6.7 acre site, which includes three large warehouse units providing between 38,000 and 51,000 sq ft of accommodation together with a single storey office building, has been bought for an undisclosed sum by local investors.
Colliers said the property would be suitable for letting units individually or as a whole.
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PROPERTY agent, Sanderson Weatherall has completed a trio of deals including a 20,000 sq ft letting on the Hellaby Industrial Estate in Rotherham.
The letting, to specialist fire extinguisher producer Jewel Saffire, will provide a new distribution centre with the facility to handle sales, accounts, marketing, distribution and warehousing.
In other deals, hire car company Europcar has taken almost 7,000 sq ft of space at Chantry Bridge Industrial Estate in Wakefield, and Town & Country Bespoke Building has taken 3,000 sq ft on Carlisle Drive in Pudsey.
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A REGENERATION scheme which is helping to transform Leeds’ East Bank area has already brought more than 100 new residents to the area following the completion of the development’s second phase.
Saxton is being developed by Urban Splash, which is refurbishing two buildings to create 410, one and two bedroom and studio apartments.
City living specialist Morgans has let the first two phases, comprising 57 apartments, and the company is now handling a selection of sales instructions at the development.
Following completion of the first building, a selection of apartments are currently available to buy or rent.
Urban Splash is also preparing to launch a new affordable Government scheme where apartments at Saxton will be available through shared ownership.
Work is now advancing on the second building and the first apartments should be ready for occupation in spring.
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A RURAL building that stood empty for five years has been given a new lease of life, thanks to a group of artistic entrepreneurs.
Founders Josie Beszant, Ian Scott Massie, Sue Palin and Gaynor Pearson have refurbished the Masham building, now called ArtisON, into a studio and café space.
The centre now provides a range of arts and crafts workshops, locally sourced food, and overnight packages.
Sue Palin said: “When we were looking for a base for ArtisOn our priorities were space, location and parking. We needed a teaching space for groups, we needed it to be in Masham, accessible seven days a week and, being in a rural location, most of our customers would require parking.
“We needed the premises to be adaptable to include facilities for catering and art studio facilities and have the potential to be a warm and inspiring place to be.”
