Two property deals have been completed at Huddersfield’s Ringway Industrial Estate.
Property consultancy Knight Frank has advised landlords CBRE Investors on the letting of the 6,772sq ft Unit 1 to tools supplier Toolstation and of the 6,215sq ft Unit 11 to Elite Designer Fashions Ltd.
Tom Lamb, industrial property specialist with Knight Frank in Leeds, said: “These are tremendous deals, involving strong tenants on 10-year leases at a healthy rental. They reflect both the excellent location of Ringway and the extensive refurbishment which has recently been carried out on the estate.”
Mr Lamb added: “The estate, an established industrial and trade counter location in the heart of Huddersfield, can accommodate various business uses. There is a healthy range of occupiers who enjoy the green and leafy environment and who appreciate the refurbishment of the estate which has been carried out during the past couple of years.”
Peter Evans, associate director of Citivale, the Leeds-based property developer and asset manager, which has overseen the refurbishment, said: “The recent refurbishment of the estate, which included the £100,000 upgrade of Unit 1, into which Toolstation are moving, has ensured it is a prime modern business park fit for the 21st century.”