Towngate completes four new deals across trio of Leeds industrial estates

Towngate PLC, the industrial and commercial property specialist, has secured four new leases across three of its Leeds trading estates.

Packaging Services Europe and Nicholls and Clarke are both starting their occupancies at the company’s Copley Hill Trading Estate.

The newly refurbished Unit A is now occupied by reusable transit pallet and crate provider Packaging Services Europe, which has has taken the 26,115 sq ft warehouse and industrial unit on a five-year lease.

Nicholls & Clarke Group is the new occupant at the neighbouring Unit E5. The building product manufacturer and distributor has taken on the tenancy of the 4,985 sq ft space for 10 years.

In addition, distribution and courier service provider Farsley Transport is commencing its three-year occupation of Unit 4C at the Olympia Trading Estate, located just off Gelderd Road.

Adjacent to this 8,055 sq ft warehouse space, Units 4A and B are currently in the final stages of refurbishment and will be available to let individually or as a single 10,814 sq ft unit.

Electrical specialist TLA Distribution has taken on Unit C Turnkey Park – a 3,035 sq ft space comprising a warehouse and trade counter. With a loading yard and parking, the estate is located on Royds Lane – just off Gelderd Road and the A58.

Tom Lamb, Towngate’s property manager, said: “These recent signings are another indicator that businesses can see the potential that the North – and particularly Leeds in this instance – has to offer.

“The prime positioning of Towngate’s sites – combined with generous loading and parking areas, modernised facilities and optimum security – means we can supply highly functional spaces that fulfil demand.”

Towngate PLC, which is based in Brighouse, was advised on these latest four deals by Paul Mack, Jonathan Jacob and Dan Walker of Gent Visick, and Jake Pygall of GVA.