Leeds industrial estate secures new lettings following ‘comprehensive upgrades’

Orchard Street Investment Management, the 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, taking the prime warehouse facility to full occupancy.

The most recent lease was to Dufton Plumbing & Heating Supplies Limited who have agreed to take 9,905 sq ft of space on a 10 year lease.

Duftons will join the Estate’s number of local and national occupiers, with B & K Flooring, AHT Holdings, Panel UK, and Kingfisher UPVC Windows and Doors also recently agreeing leases across 67,000 sq ft of newly refurbished units respectively.

In line with Orchard Street’s responsible investment approach, the ‘comprehensive refurbishments’ of these five units were delivered with sustainability in mind to transform the green credentials of the industrial space and improve the EPC ratings of each unit.

Other features built in to increase the environmental and cost efficiency of the units include air source heat pumps, LED lighting, electric vehicle charging points and the installation of rooftop solar PV panels.

Gildersome Spur comprises 500,000 sq ft of industrial and warehouse accommodation spread across 27 units and is strategically located seven miles from Leeds City Centre.

Spanning 25-acres, the well-established hub is one of the largest single owned industrial estates in Yorkshire, and offers excellent access to the M621, the M62 and the national motorway network.

Alex Hardwick, asset manager at Orchard Street, commented: “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.”

By Matthew Neville – Senior Correspondent, Bdaily