Eshton Group has expanded its portfolio of commercial property in West Yorkshire with the acquisition of a prominent industrial unit in a prime location in Leeds.
Located on Astley Way Industrial Estate in Swillington, the asset covers nearly two and a half acres and includes a 37,740 sq ft two-storey industrial unit comprising warehouse and office space, plus an oversized yard, which Eshton intends to fully refurbish and let, as rental demand booms in the region.
The newly purchased site sits comfortably within Eshton Group’s portfolio, as the business boasts a host of commercial property assets in strategic locations across the north of England. Offering access to the M1, A1M and M62, the village of Swillington has been pinpointed as a valuable location for occupiers. The positive impact of the new orbital link road and the implementation of major housing allocations will all meaningfully contribute to the area over the coming years.
David Aspland, director at Eshton Group, said: “Industrial buildings like this are hugely important. There’s a severe shortage of quality industrial property, especially in this region. Once refurbished, competition for this calibre of opportunity – with significant square footage and excellent transport links – is expected to be high”.
Carter Towler and Lambert Smith Hampton’s Leeds office have been appointed to act for Eshton on the ongoing marketing of the unit.