The Pullans property portfolio includes further warehouse/industrial accommodation, either built by Pullans or acquired as income producing investment or refurbishment and letting opportunity
Unit 3 & 4 Decoy Bank, Carr Industrial Estate, Doncaster
Two detached modern units of 5,000 sqft and 10,000 sqft purchased as income producing investments from Halifax Nominees Pension Fund in 2013.
The units form part of the well-established Doncaster Carr Industrial Estate which is well located for access to both J3 of the M18 motorway and Doncaster town centre, and features many other well-known occupiers including Tesco, Howdens and Plumbase.
With short term leases, the purchase provided the opportunity to refurbish and re-position at a higher rental and the units are now let to Minstergate trading as Beerhouse Car Rental and SPL Powerlines showing positive asset value growth.
Unit 2, Southfork Industrial Estate, Dartmouth Way, Leeds
Located adjacent to J5 of the M621 South Leeds motorway this modern high-quality unit was purchased from Vodafone in 2011. An opportunistic purchase in the recession, requiring comprehensive refurbishment to reinstate to a warehouse, from its use by Vodafone as a telecommunication switching centre.
During the refurbishment, terms were agreed with Symingtons Ltd for a 20-year lease with bespoke alterations incorporated to accommodate their specific requirements for food storage, processing and packaging. This has resulted in a modern refurbished unit let to a strong tenant covenant.
Bridgeway, Knowles Lane, Bradford
A development of 3 industrial units providing over 20,000 sqft built by Pullans in the late 1970’s. The units have direct access to the A650 and the Bradford Ring Road connecting to the M606 motorway within 1.5 miles.
Current occupiers include Hermes Parcelnet, Places for People and Industrial Water Jetting Systems.