Leeds industrial park reaches capacity with four new deals

An established industrial development in Leeds is now fully occupied after a raft of deals were completed.

Sefton Park at Felnex Trading Estate in Leeds has reached capacity after the sale of one unit and leasing of three others.

Joint agents Gent Visick and Jones Lang LaSalle have sold one unit for an undisclosed sum to SDL Minorfern, a family-run firm that is one of the UK’s leading distributors of replacement parts for cars and vans, while the other three units have been leased to Safeguard Armour Ltd, Aspiration Life and Northern Gyms.

Body armour designer and manufacturer Safeguard Armour Ltd has let unit two, which is circa 17,000 sq ft on a 10-year term. Healthcare product specialist Aspiration Life has let unit three, which comprises around 4,400 sq ft, on a five-year term. Northern Gyms has let unit four, which is circa 10,300 sq ft, on a 10-year lease.

Built in the early 1990s by Henry Boot Construction for Stephen Jacobs, the former owner of Morris & Son, Sefton Park was occupied by the firm until it relocated to Barnsley in October 2019.

The site’s owner, Stephen Jacobs, who is a consultant for Morris and Son, commented: “Morris & Son was our family business and one of a number of food companies located in this area, next to the former wholesale food market on Pontefract Lane. We built the first unit in 1993 and as we grew our operations, we built a further three units in 1995.

“When I sold the company 17 years ago, we maintained a great relationship with the new owners who continued to lease all four of the warehouses until their recent move.

“Gent Visick was able to advise us on the best course of action and brought numerous opportunities to us for consideration and I’m very pleased that all of the units are now occupied with a variety of businesses all keen to benefit from the accessible and secure location.”

Director at Gent Visick, Paul Mack, added: “Sefton Park forms part of the wider Cross Green and Aire Valley region in Leeds, which is one of the prime industrial and logistics locations in Leeds and the West Yorkshire region.

“After Morris & Son announced it intended to relocate to new premises, and on the basis that all four leases expired on different dates, our client needed strategic advice on the disposal of the premises.

“We are therefore delighted to have concluded all four transactions in a very short timescale.”

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