Acting on behalf of Wolesley UK, the Industrial team at CBRE in Leeds has secured the sale of 1 Benson Street, a detached warehouse unit in Leeds to Wharfedale Properties Limited
CBRE and Holder & Co have been retained by Wharfedale Properties Limited to re-launch the property to market on a leasehold basis, following a refurbishment of the unit. Holder & Co represented Wharfedale Properties Limited in the acquisition.
Sophie Angus, Surveyor for the Industrial team at CBRE Leeds, commented:
“We are pleased to secure a sale on this prominently positioned Leeds warehouse facility. Opportunities to buy versatile, well positioned freehold industrial properties near to the city centre are rare. This was evident in the high number of offers we received during the best bids process, indicating the pent-up demand for this type of asset in the Yorkshire market. We are delighted to have been retained by Wharfedale Properties Limited to market this unit going forward. Leeds is also experiencing a shortage of good quality leasehold accommodation, resulting in an anticipated high level of interest.”
Phil Caspell of Holder & Co Limited commented:
“It was great to assist Wharfedale Properties Limited on the acquisition of this prime asset. We believe it complements their existing portfolio well and we have already experienced a strong level of leasehold interest in the premises”
