Industrial market shows no signs of slowing down post Brexit

Published on: 5th September 2016

Steel fabrication specialist Bradfabs have purchased a new site in Bradford in a sale secured by our industrial agency team in Leeds.

The company, who produce one-off bespoke fabrications, such as staircases, balconies, gates and walkways have purchased the 25,000 sq ft site on Idle Road, in order to facilitate the future growth of the business.

Jonathon White, partner and industrial agency specialist in our Leeds office said “Despite all the negativity surrounding brexit we are continuing to see strong levels of demand for commercial property. Whilst annoyingly we have had one or two transactions placed on hold until October at the earliest, these have all been a result of PLC board decisions. Enquires from SMEs are similar to pre-brexit levels and if anything freehold enquiries are increasing. The sale of the above is a prime example of this.”

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Industrial Agency

Sanderson Weatherall’s team of expert industrial property agents provide specialist advice on the sale, acquisition, development, leasing and funding of industrial property across the country. With an in-depth understanding of the UK Industrial sector, including the logistics sector, and the factors that affect it, as well as extensive knowledge of the local and regional markets they deal in, the team offers pro-active market intelligence on emerging trends and opportunities for industrial property owners and occupiers alike. A large and varied client base includes investors, developers and occupiers. The specialism is supported by a broad range of additional services within the business. We act on behalf of manufacturers, logistics operations and financial institutions by offering strategic market advice on mixed use schemes, distribution, break ups, portfolios and single buildings. Contact Us

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Sanderson Weatherall’s team of expert industrial property agents provide specialist advice on the sale, acquisition, development, leasing and funding of industrial property across the country.

With an in-depth understanding of the UK Industrial sector, including the logistics sector, and the factors that affect it, as well as extensive knowledge of the local and regional markets they deal in, the team offers pro-active market intelligence on emerging trends and opportunities for industrial property owners and occupiers alike.

A large and varied client base includes investors, developers and occupiers. The specialism is supported by a broad range of additional services within the business.

We act on behalf of manufacturers, logistics operations and financial institutions by offering strategic market advice on mixed use schemes, distribution, break ups, portfolios and single buildings.

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October property deals update

Despite the negativity surrounding the UK’s decision to leave the EU, we are continuing to see strong levels of demand across a number of commercial property sectors.

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Despite the negativity surrounding the UK’s decision to leave the EU, we are continuing to see strong levels of demand across a number of commercial property sectors.

[fulltext] =>

We were particularly active in Yorkshire last quarter with a 25,000 sq ft industrial site sold in Bradford to steel fabrication specialist, Bradfabs. In addition, we have welcomed British jewellery brand, Azendi back to York City Centre on a five-year lease in a 774 sq ft. retail space.

Acting on behalf of the Diocese of Leeds, we sold a vacant development site to Leeds Mencap, an independent local charity that supports children and adults with learning disabilities. We have also helped find a new owner for Belle Vue Stadium, the 120-year-old home of Wakefield Trinity Wildcats, following several months of strong interest.

On the other side of the Pennines, we were involved in a number of deals; our agency team in Manchester successfully completed the letting of a recently vacated 29,871sq ft. property at Wigan’s Haslemere Industrial Estate.

In the North East we have a number of new instructions including office accommodation in Kingfisher House, Stockton on Tees and a number of quirky spaces available at Hoults Yard. We are also expecting strong interest for the former Arriva bus depot in Jesmond, a large development site in a prime location.

We are happy to confirm that popular Newcastle pizza restaurant, The Herb Garden will open its second venue at Royal Quays Marina (pictured), an area considered by many to be the North East’s finest boating location.

Yogaworks London benefited from a trio of our property services as we assisted them in opening their first yoga studio at a 3,947 sq ft. property in Wandsworth London. In London, we are also pleased to have advised Japanese retailer, Daikokuya on the acquisition of its first UK store on Bond Street.

In Bristol, we have two large former waste processing plants for sale in Exeter and Frome respectively. Our specialist leisure division has seen strong demand for holiday and caravan parks continue and you can find their recent portfolio of deals and available sites here.

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Case Study: Retail storage specialist takes almost 30,000 sq ft at Wigan's Haslemere Industrial Estate

Retail Storage Solutions occupied a 29,871 sq ft property at Haslemere Industrial Estate, following the vacating of the property by Briggs Equipment, the UK distributor for the Hyster and Yale forklift truck range.

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Retail Storage Solutions occupied a 29,871 sq ft property at Haslemere Industrial Estate, following the vacating of the property by Briggs Equipment, the UK distributor for the Hyster and Yale forklift truck range.

[fulltext] =>

We successfully completed the letting of a recently vacated unit at Wigan’s Haslemere Industrial Estate on behalf of landlord Logicor.

Richard Phillips, portfolio director at Logicor, said: “We are delighted to welcome Retail Storage Solutions to the Haslemere Industrial Estate. The estate’s location close to the M6 is an attractive feature for many potential tenants.”

Commenting on the letting, Adam Marshall, surveyor in our agency team said: “We are very pleased to be acting for a major landlord such as Logicor. Sanderson Weatherall continue to experience leasing success across the North West and this and other recent lettings are an excellent example of the regional economy’s continued improvement.”

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