The Bradford office of Chartered Surveyors Eddisons has completed the letting of a modern industrial unit at a business park near Keighley.
The 4,000 sq ft unit on the Marrtree Business Park on Ryefield Way in Silsden has been let to Reef Cosmetics, a cosmetic distribution firm, on a five year lease, off an asking rent of £5.25 per sq ft.
The new tenant has also been granted first refusal on the adjacent unit which is of a similar size.
Eddisons acted on behalf of retained client, Frank Marshall Estates (Yorkshire) Ltd.
John Padgett of Eddisons said: ‘This is an excellent site which benefits from easy access to the road network and the units are of a superb quality.
‘There is clearly strong demand for good quality rental stock along the Aire Valley corridor. Landlords with vacant space in the area should be looking to maximise this interest as soon as possible.’
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.