Next phase of industrial estate launches to meet demand for high quality space
The second phase of Gelderd Park industrial estate on Gelderd Road, Leeds, has been launched following the letting of all six leasehold units totalling 84,000 sq ft in the development’s first phase.
The latest occupier is commercial vehicle safety and van conversions specialist SM UK, which has taken 38,650 sq ft of space on a 20-year lease and completes the development’s phase one.
Phase two will deliver 12,600 sq ft of trade and retail accommodation across five units, ranging from 1,400 sq ft to 5,000 sq ft. All units are available on a leasehold basis.
West Yorkshire property consultancy Walker Singleton is acting as a joint agent for this latest stage of the development. The firm also acted as a joint agent for phase one.
The Gelderd Park site was formerly owned by UK-based wholesaler Palmer & Harvey.
Walker Singleton director, Ryan Baker, said: “The successes of Gelderd Park’s first phase show the market appetite for high-quality, strategically located industrial accommodation.
“With the launch of the phase two, we anticipate high levels of interest for the take up of these new-build trade and retail units.”