WHITEHALL POINT FULLY LET AFTER SUCCESSION OF DEALS
Thursday August 13, 2020Pullans through CBRE’s Industrial team in Leeds has leased the last remaining unit at Whitehall Point in Leeds to cleaning product supplier, Parc Supplies, taking a 10-year lease on Unit 2 signalling the full occupation shortly after practical completion of the scheme.
Pullans secured an early 20,000sqft design and build pre-let at Whitehall Point to MKM Builders Merchants on a 20-year term and the warehouse with showroom and trade counter is now operational. J Pullan & Sons then undertook the speculative development of a further two prime warehouse units both of which have now been let and both achieving record rents for the region in their mid-box size bracket.
The 31,500sqft Unit 3 was leased to automotive parts distributor Ferraris Piston Service Limited (FPS) on a 10-year term. The company, which is part of the Alliance Automotive Group, leased the unit to facilitate the expansion of their Leeds business.
The final 13,500sqft detached warehouse Unit 2, comprising 12,000sqft of industrial space with 1,500sqft of first floor office accommodation, has now been leased to Parc Supplies on a 10-year term, successfully concluding the lettings at the Leeds industrial development.
Max Armstrong, MD of Park Supplies, said: “The unit at Whitehall Point provided the quality of accommodation we were looking for to facilitate the significant demand for our services and our growth plans for the future. It was also perfectly located to affirm our position as the local go-to supplier for everything hygiene related – a key focus for every workplace currently. The proximity of the motorway network also enables us to serve our national customer base quickly and efficiently“.
Whitehall Point is situated in an established commercial area, approximately 2.5 miles to the south west of Leeds City Centre and fronting the A58 Whitehall Road. The property is adjacent to the A6110 Leeds Outer Ring Road which offers immediate access to the M621, M1 and M62 Motorways. A number of car showrooms and trade counter users are located nearby with an extensive workforce populating the surrounding area.
Bruce Strachan, Property Director at Pullans, said: “We are pleased these new units have all successfully let, a testament to the quality of the development and its prime location. Parc Supplies are a well-established Leeds company investing in the future and working to take it to the next level and we are pleased to be able to support their growth. They have been a pleasure to deal with and we wish them every success as they scale up their business.’’