Heating solutions firm finds new home at Yorkshire industrial scheme

A UK heating solutions company has announced that it is undertaking a strategic move to a Yorkshire industrial scheme.

Joule UK, a supplier of hot water cylinders and heating solutions, is moving to a two-unit industrial scheme in Leftfield Park.

The units are 83,000 sq ft and 35,000 sq ft respectively, let to Joule on a 15-year term.

CBRE’s industrial team, a joint agent with Carter Towler, secured the lettings at Unit 1 and Unit 3 for Joule just months after the scheme was launched to the market by Leftfield Properties.

Leftfield Properties acquired the units from Gregory Properties at the end of 2020, after having purchased an existing 21,400 sq ft unit at the same location in June last year - which has now let to GEOAmey.

David Klages, managing director of Joule UK, commented: “The move to a new, highly specified manufacturing and distribution center is a step forward in ensuring the well-being of our workforce and allowing us to invest and improve on the quality brands we have in the marketplace.”

Danielle Raunjak in CBRE’s Leeds industrial agency team said: “We are delighted to secure this deal with Joule UK Limited, a market leader within its field and so soon after the scheme was launched to market.”

Nico Fourie, CEO of Leftfield Advisors, added : “Leftfield Park is a well-specified warehouse development on the underserved M62 corridor.

“The letting to Joule UK Limited now completes the park with another covenant that both strengthens the asset and enhances the portfolio.”

Looking to promote your product/service to SME businesses in your region? Find out how Bdaily can help →