Park Farm Industrial Estate - Leeds
Finally, they have let a unit of 5,000 sq ft on the Park Farm Industrial Estate in South Leeds to Talos Packaging.
This unit was originally built in the mid 1970s and again was let within weeks of the lease expiry of the previous occupier.
“These lettings continue to proof the strength of the industrial market in the greater Leeds/West Yorkshire region and allays perceptions that rentals and freehold values of industrial property have dropped and that substantial incentives must be given to occupiers” Said Nick Arundel, Director AWS Ltd.
“There is now a chronic shortage of quality industrial units available on either a freehold or leasehold basis in the region and if we are not careful there will be a spike in values caused by the supply shortage failing to meet demand”.
Unit 3 Normandy Landings - Castleford
A modern high specification industrial unit of 14,700 sq ft was let to Apelson Electrical Services Ltd on a 10 year lease with an option to purchase.
California Drive – Castleford
A modern high specification industrial unit of 11,500 sq ft was let to Enpac Ltd, a Castleford based manufacturer of Eco Detergents, again on a 10 year lease with an option to purchase.Both units were built in the early 2000’s and both units have let promptly, on the vacation of the units by previous occupiers.