Yorkshire Counties
Comprehensive Refurb Completed on Award- Winning Leeds Offices
The comprehensive refurbishment of an award-winning Leeds city centre office building has been completed.
The flagship 10 South Parade offices, in the heart of the city’s professional quarter, now boast prime Grade A accommodation – with the whole of the 9,300 sq ft first floor available to lease.
South Parade
Jason Stowe, managing director of Leeds-based Wilton Developments, commented: “On behalf of the owners East Parade Ltd, we are pleased to have completed the first
comprehensive update to the building since it won the British Council for Offices Award for best refurbished work place back in 2011.
“The design-led works have refreshed the common areas into a contemporary look, whilst maintaining a sympathetic relationship to the boutique experience of high-quality materials and finish, which were key to the original award-winning refit 10 years ago.
“The design looks stylish and fresh and has already successfully encouraged a new tenant to move into the building. Now we hope to build on that success by letting the impressive 9,300 sq ft first floor with the help of Leeds property consultancies Knight Frank and WSB”.
Elizabeth Ridler, partner with Knight Frank, explained: “This is a fabulous space, delivering exactly what the Leeds office market now wants..”
Duncan Senior, Partner at WSB commented “10 South Parade has been fully let for the past 10 years which is testament to the quality of the original scheme. The new refurbishment further enhances the quality of accommodation being offered.
Developer Secures £17m Investment to Improve Transport Infrastructure in South Leeds
Leeds property investment and development company, Munroe K, is delighted to be the first external organisation to present to the West Yorkshire Combined Authority’s Investment Committee, after it was revealed this week that £17m would be contributed to the development of the new White Rose Railway Station.
The White Rose Railway Station development will be a pivotal part of promoting sustainability both within the White Rose Park and the wider South Leeds region, as well as supporting the West Yorkshire Transport Strategy 2040, which outlines the ambition to achieve a 3.5% reduction in car journeys by 2027.
With Leeds City Council declaring a climate emergency in 2019, the need for schemes to reduce car usage and increase uptake of more sustainable methods of travel has become ever more important, and the White Rose Railway Station is a key part of this aspiration.
As part of the shared goal for Leeds to become a net-zero carbon city by 2030, specific measures outlined include:
Doubling bus patronage 75% increase in rail 10% increase in walking 300% increase in cycling 15% decrease in car usage.
In light of this, the opening of the station will assist the regeneration of surrounding communities, reduce congestion on the highway network and highlight significant improvements to the surrounding walking and cycle network.
56 KF-Malkin
He commented: “This is a major move and a tremendous opportunity for me. I am delighted to have the chance to join Knight Frank and am ready to develop my career further with this internationally renowned property consultancy.
“The property management department is already a leading consultancy across the Yorkshire region, but my challenge is to take it to another level. The combined Leeds and Sheffield teams will provide an unrivalled service for existing and future clients alike.
“I have a genuine breadth of experience in property management, having worked on the client side for British Land and Edinburgh House Estates and in consultancy practice. This experience extends to all asset classes.
“The chance to join Knight Frank was an offer I couldn’t refuse. This is a superb opportunity – and challenge - at a pivotal time for the real estate market in Yorkshire,” he added.
Ross lives in Sheffield with his wife and three children. His hobbies include travel, golf, football and cricket.
T: +44 113 297 2423 M:+44 7890 050 608
www.knightfrank.com
COMMERCIAL PROPERTY MONTHLY 2021
CBRE Leeds Completes Deal With Major Retailer
Acting on behalf of CBRE Global Investors, the Industrial team at CBRE in Leeds alongside joint agents Carter Towler, have secured the letting of a new, speculatively built warehouse to a major retailer at 62 Leeds Industrial Estate.
retailer has agreed a deal on Unit 6.
Unit 6 is a new build, detached 57,500 sq ft premium warehouse located on Gelderd Road (A62), one of the main arterial routes into Leeds and the retailer has agreed a 15 year lease at the site.
The warehouse/industrial facility benefits from two storey office accommodation, a secure service yard and 50 car parking spaces. Forming part of the well established 62 Leeds Industrial Estate, Unit 6 occupies an unrivalled location just 0.5 miles from J27 of the M62 motorway with immediate access to the M621 and Leeds City Centre.
Mike Baugh, Senior Director, CBRE’s Leeds Industrial team commented; “We are pleased to complete the deal at Leeds 62. This scheme is situated in a highly popular industrial area with immediate access to the city centre and excellent links to the wider national motorway network. We now only have one unit of 20,000 sq ft remaining on the scheme “LSH acted for the retailer.
Knight Frank Leeds New Partner
Global property consultancy Knight Frank has strengthened its Yorkshire property management team with the strategic appointment of Ross Malkin as a partner.
Ross joins from CBRE in London, where he was a director specialising in retail and mixed-use property management, having previously worked at British Land.
The leading
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