Rexel UK Limited, a global retailer and distributer of electrical supplies, has expanded its business in Yorkshire with the acquisition of new space at Latchmore Park in Leeds.
The firm, already an existing occupier at the industrial estate, has taken a ten year lease on a 51,555 sq ft unit owned by Eskmuir Securities. The comprehensively refurbished building will be a new trade counter and regional distribution hub for its expanding customer base in the North and North-East of England.
Rexel UK Limited’s existing unit of 19,846 sq ft will become available later in the summer following a refurbishment. Joint agents JLL and Carter Towler expressed confidence that once vacated it will appeal to a broad range of occupiers.
Tom Asher from JLL’s Industrial and Logistics team, commented: “We are seeing strong demand from occupiers, particularly businesses with expansion needs, and are confident that once back on the market the newly refurbished unit will generate good interest. Latchmore Park is a well-established and popular estate largely due to the quality of its accommodation and location close to the city centre and also giving direct access to Junction 1 and 2 of the M621 and the wider motorway network.”
