Industrial unit purchase expands commercial property portfolio

Eshton Group has grown its portfolio of commercial property in West Yorkshire with the acquisition of a prominent industrial unit in Leeds.

Located on Astley Way Industrial Estate in Swillington, the asset covers nearly two and a half acres and includes a 37,740 sq ft two-storey industrial unit comprising warehouse and office space, plus an oversized yard, which Eshton intends to fully refurbish and let.

Eshton Group’s portfolio already includes commercial property assets in strategic locations across the north of England.

The business notes that Swillington, which offers access to the M1, A1M and M62, has been pinpointed as a valuable location for occupiers.

David Aspland, director at Eshton Group, said: “Industrial buildings like this are hugely important. There’s a severe shortage of quality industrial property, especially in this region.

“Once refurbished, competition for this calibre of opportunity – with significant square footage and excellent transport links – is expected to be high.”

Carter Towler and Lambert Smith Hampton’s Leeds office have been appointed to act for Eshton on the ongoing marketing of the unit.