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Knight Frank to Handle Normanton Warehouse Property Sale

A brand new distribution warehouse property at the Trident Park development in Normanton is set to hit the market.

The industrial agency team of Knight Frank in Leeds has been given instruction as the sole agents to market the purpose built 52,402 sq ft unit located on Rosie Road, which is just a mile off Junction 31 on the M62.

The site was built for BSS Group and was finished earlier in the year, and is now available to be purchased immediately for either lease or purchase.

Partner at Knight Frank in Leeds, Iain McPhail, said that they are pleased to be instructed to advise their client on such a prestigious high-quality, newly-constructed warehouse unit at a prime logistics site.

McPhail continued: “We are confident that the building will attract early interest due to the lack of existing options of this size currently in the marketplace, as well as the unique nature of the property which offers an occupier a high-bay warehouse on a generously-sized site.

“The property benefits from an excellent specification, including 13-metre eaves height, four loading doors, steel framed canopy, two storey offices and an over-sized service yard extending to approximately 2.35acres, which allows an occupier the flexibility to either further extend the building (subject to planning) or utilise for external storage or HGV parking.”

The property is available for immediate occupation on either a freehold or a leasehold basis.

Last month, Knight Frank reported a record turnover, although profits took a downturn.

Chief executive Alistair Elliot said that expansion in China, India and central London had pushed the firm’s turnover up by 4% in the 12 months to March 31, but pre-tax profits had been hit by a quieter start to this year, dipping from £160.1 million last year to £152.6 million in 2016.

“There is no question that the majority of residential and commercial markets were beginning to peak in the autumn of last year,” Mr Elliot said.

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BDC 314 : Mar 2024