Occupants found for 63,000 sq ft of commercial space
Gildersome Spur, one the largest industrial estates in Yorkshire, is now fully let.
Tenants for the remaining 43,000 and 20,000 sq ft units have been secured in two deals negotiated by Carter Towler.
Gildersome Spur is managed by Orchard Street Investment Management, the specialist commercial property investment manager, on behalf of its client St James’s Place UK.
Carter Towler director, Josh Holmes, said: “The popularity of this estate is remarkable. In the last 12 months there has been a spike in interest from businesses wanting to move onto the 25-acre site but also from several who are already based at Gildersome Spur and are expanding.
“Since January 2019 we have signed deals with five companies, all of which are highly regarded.
“The latest two new tenants are no exception. ARC Building Solutions is the market leader in manufacturing and supplying cavity fire barriers to the UK house building and construction markets.
“The business was looking for additional space in order to double its production capacity following an investment deal with Newable Capital.
“Their 20,000 sq ft vacated unit was immediately let as expansion space to CD (UK), a £30m turnover solid surfaces company that introduced the iconic marble counter top alternative, Corian, to the UK.”
Comprising 31 units totalling just under 432,000 sq ft of industrial and warehouse accommodation, Gildersome Spur is located seven miles from Leeds City Centre.
Occupiers on the estate include Yodel, CM Downton, DHL, Sharman Shaw, Belgrade Insulation and Calderys UK.
Gent Visick acted as joint letting agents.
Helena Redding, of Orchard Street, added: “Gildersome Spur has proven itself to be a high performing long term hold in Orchard Street’s industrial portfolio, having generated robust demand from leading occupiers looking for prime warehouse space in a strategic location to serve the north of England market.
“These latest lettings, which have resulted in the estate being fully let, are testament to our team’s active asset management that has ensured the modern warehouse facilities remain highly desirable.”
