Keyland Developments Ltd, the property trading arm of Kelda Group and sister company to Yorkshire Water, has launched to market a strategic industrial site in West Yorkshire with planning consent for 130,000 sq ft of accommodation.
DHP has been appointed to sell Phase 2 of Interchange 26 and this second phase of work will see the southern end of the former North Bierley Water Treatment Works site potentially transformed into a new commercial development.
Located in a strategic position at J26 of the M62, the brownfield site represents a significant opportunity to meet regional demand for new industrial accommodation in an established location and, in total with the completed Phase 1, has the potential to deliver some 700 jobs for the region.
Phase One of Interchange 26 comprises over 490,000 sq ft of industrial accommodation mainly speculatively built and successfully let at record headline rents.
Now the remaining site is being marketed for sale with outline planning permission in place for 130,000 sq ft of industrial development with indicative masterplans showing options for two larger units of 51,000 sq ft and 41,000 sq ft or a series of smaller circa 5,000 sq ft units alongside a mix-box unit of circa 41,000 sq ft.
Matthew Turnbull, Planning & Development Manager at Keyland Developments Ltd, said; “We have long been committed to the regeneration of this key site and Phase 1 has been a resounding success both in terms of meeting the need for industrial accommodation in this area by satisfying occupier demand and also the knock-on effect of jobs that has had. Phase 2 is a highly desirable site given its frontage to the Chain Bar roundabout and both the M62 and M606 and we are looking forward to starting discussions with interested parties.”
Simon Dove, Partner at DHP, added; “Very little prime commercial land has entered the market since the peak of 2022. Demand for manufacturing and logistics space in West Yorkshire remains strong, particularly for those opportunities in motorway-linked locations. Interchange 26 has been an incredibly successful new development as a natural extension to nearby older estates, offering occupiers, developers and investors the opportunity to invest in a growing market.”
Keyland Developments Ltd has been operating across Yorkshire for over 35 years, regenerating Yorkshire Water’s redundant sites. In addition to its work transforming former Yorkshire Water land, the team also works alongside independent landowners, corporates or regulated bodies to overcome obstacles to development on strategic sites in order to facilitate regeneration by securing planning consent for future use.
