Leading Yorkshire property consultants Dove Haigh Phillips (DHP) have brokered a significant deal at Ravens Park in Coal Road in east Leeds.
DHP have let a high-quality 33,068 sq ft detached warehouse to Specialist Tiling Supplies Ltd of Stanningley, Leeds.
DHP let the warehouse on behalf of City of a London-based private industrial property fund.
The warehouse is situated in a highly prominent position in Coal Road by the A6120 Leeds Outer Ring Road.
Specialist Tiling Supplies, who are relocating from Stanningley and Pudsey, have taken a 10-year-lease. The rent is £6 per sq ft.
Sarah-Jayne Lishman of Dove Haigh Phillips commented: “This is a significant deal, underlining the quality of the warehouse with its large secure yard and its excellent location. There is parking for 60 vehicles, together with internal offices.
“This is also an important consultancy for us, as it underlines the fact that we are very much involved in the day-to-day commercial property letting market, as well as providing advice and expertise on large-scale developments.
“We have a dedicated lettings team, which specialises in commercial agency and the sub 35,000 sq ft industrial property market, all of which are gaining momentum in Yorkshire.
“The excellent location at Coal Road provides direct access to the Greater Leeds conurbation and Leeds City Centre, which is located 4.25 miles south west via the A64 York Road and A58 Wetherby Road. Access to the national motorway network is provided two miles south via Junction 46 of the M1, or alternatively 4.5 miles north east via Junction 45,” she added.
The joint marketing agents for Ravens Park are the Leeds office of JLL.