Holder & Co is delighted to announce the successful acquisition of 122,000 sq ft of warehousing for clients In-Site Property Solutions. The premises are located at Cross Green Industrial Estate, Leeds and serve to increase the existing portfolio of IN-Site.
A part lease-back was agreed with the Vendors and following part demolition and refurbishment approximately 80,000 sq ft will be available and offered to the market.
Alex Boyle Managing Director of In-Site commented “we were extremely pleased by Owen Holder’s ability to add value to this acquisition and we are now left with a valuable, superbly located asset which serves to boost our portfolio offerings in Yorkshire“.
The remaining 80,000 sq ft is now available to lease on flexible terms offering a highly cost effective storage solution to business needing accommodation. With rentals on the rise it is anticipated that this will plug a gap in the competitive Leeds market.