Full house at industrial estate following spate of lettings
Orchard Street Investment Management, a specialist commercial property investment manager, has completed 77,000 sq ft of lettings to five occupiers at Gildersome Spur industrial estate in Leeds over the past 12 months.
These take the warehouse facility to full occupancy.
The most recent lease was to Dufton Plumbing & Heating Supplies Ltd, which has agreed to take 9,905 sq ft of space on a 10-year lease.
Duftons will join the estate’s local and national occupiers, with B & K Flooring, AHT Holdings, Panel UK, and Kingfisher UPVC Windows and Doors also recently agreeing leases across around 67,000 sq ft of newly refurbished units respectively.
Gildersome Spur comprises about 500,000 sq ft of industrial and warehouse accommodation spread across 27 units and is seven miles from Leeds City Centre. The 25-acre hub is one of the largest single owned industrial estate in Yorkshire.
Alex Hardwick, asset manager at Orchard Street, said: “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 and follow multi-unit refurbishments, are testament to the appeal of modern, high quality industrial spaces that are energy efficient and align with what occupiers are looking for in today’s market.”
Carter Towler and GV&Co acted as joint letting agents.