First speculative industrial development in Leeds

The Industrial and Logistics Agency teams at commercial property consultancies, Lambert Smith Hampton (LSH) and Carter Towler, have been appointed to market Springwell Point; the first speculative industrial development in Leeds for over three years.

Due to complete in Spring 2014, Springwell Point is located on Springwell Road, just one mile west of Leeds city centre. The speculative development will offer four units ranging from 1,430 sq ft to 6,970 sq ft.

Simon Hill, Industrial & Logistics Surveyor at LSH, said: “We are pleased to have been appointed to market Springwell Point and there has been strong interest in the development from occupiers. The industrial market has seen no new development for several years and it’s great news that there are spades in the ground to redress the balance. Demand is significant for sheds between 1,000 and 10,000sq ft and we predict that the success of Springwell Point will give confidence to other developers, bringing new buoyancy to the market.”

The site is situated one mile from J3 on the M621 giving easy access to Leeds city region and wider West Yorkshire. Each individual unit has ground level access and an allocated car park. All available services are connected to the units.