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Lettings Success For Eddisons

Written by: Richard Roe on Monday 23/07/2012

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The Bradford office of Chartered Surveyors Eddisons has completed deals on over 43,000 sq ft of industrial space in Bradford.

DFS is the latest tenant to take space on the Pitcliffe Way Industrial Estate which it will use as a warehousing and distribution centre for its Bradford and Huddersfield stores.

The furniture retailer has signed a 10 year lease on a 9,000 sq ft unit, off an asking rent of £36,000 per annum.   

Meanwhile, Bradford City Autos and Rinus Roofing Supplies are the new tenants at the former motor auction site on Midland Road. The latter was represented by GRM Property Consultants.

The firms have agreed individual long term leases on the entire 11,426 sq ft site, close to Valley Parade.

Elsewhere, the Bowling Industrial Estate is now fully let after Bradford College took a further two units, extending to 9,000 sq ft, for use as a construction school.

Eddisons negotiated a part surrender of a lease with an existing tenant as part of the letting process.

A deal has also been agreed on an industrial unit in Drighlington which extends to over 14,000 sq ft.

Cockersdale Works on Whitehall Road occupies a site of over an acre and has been let to a local company off an asking rent of £42,500 per annum. 

John Padgett of Eddisons said: ‘We have completed these lettings during tough economic conditions and are delighted with the excellent rental income we have achieved for our clients.

‘It is encouraging to see new tenants, both local and national, keen to take space in the Bradford district and we continue working hard to facilitate further deals.’  

Written by: Richard Roe on Monday 23/07/2012

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About the author

Richard joined Eddisons in 2003 and has been the Managing Partner since 2012, a role that sees him lead the strategic direction and development of the business under the ownership of Begbies Traynor Group plc. Richard has been instrumental in the growth of the business which has seen turnover more than double since 2008.

In addition to his role as Managing Partner, Richard continues to play a vital role with key clients, particularly in the banking sector, where he is a trusted adviser to major high street clearing banks. Over the last eight years, Richard has been appointed LPA Receiver on many high profile properties and assists in the recovery of distressed loan portfolios.

Prior to joining Eddisons, Richard worked in the real estate division of a 'Big Four' firm where his notable assignments included the privatisation of Saudi Telecom for flotation on the New York Stock Exchange.

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