Member Article

Knight Frank appointed to market massive Wakefield shed

The Yorkshire office of global property consultancy Knight Frank has been appointed to market a prime 190,000 sq ft distribution/ industrial facility at Wakefield Europort.

Wakefield Eurohub has been fully refurbished by its owners, Edinburgh-based Parabola Capital, and is now immediately available to rent. The rent is £4.75 per sq ft.

The warehouse is situated at the junction of California Way and Express Way in the heart of Wakefield Europort, Yorkshire’s premier distribution location.

Tom Lamb, associate with Knight Frank in Leeds, said: “This is a tremendous instruction for us. Wakefield Eurohub is the only warehouse of this size available to lease in West Yorkshire. It is a wonderful opportunity for a logistics or manufacturing company if they need a base in Yorkshire.

“The location is superb, with direct access Junction 31 of the M62, the primary Trans Pennine route. The M1 and the A1 are close by, allowing companies to reach over 70% of the population within a 4.5hr drive time.

“Wakefield Europort is an established logistics and distribution location. Occupiers on the estate include DHL, TJX Europe (TK Maxx), Argos, ASDA, Kuehne & Nagel, Warburtons, Royal Mail, 3663 and One Stop,” said Mr Lamb.

Councillor Denise Jeffery, Wakefield Council’s deputy leader responsible for regeneration and economic growth said: “We welcome any investment which brings jobs to the Wakefield district. The Wakefield Eurohub is a great opportunity to create valued and sustainable jobs and another strong endorsement of the district as a serious business location.”

Wakefield Eurohub comprises a modern high bay ‘cross flow’ industrial facility with 12 dock and 8 ground level loading doors, together with a two storey office HQ style office block fronting California Drive.

Eurohub benefits from Assisted Area Status, where prospective occupiers will be eligible for regional aid under European Union State Aid Rules.

This was posted in Bdaily's Members' News section by Robert Beaumont .