Knight Frank has been instructed to market a 556,598 sq ft distribution and manufacturing facility to the east of Leeds on behalf of Legal & General Investment Management.
The Grade A Sherburn 550 warehouse, which is located off junction 42 of the A1(M), features 56 loading doors, 16.2m eaves height, three service yards and a generous power provision.
Iain McPhail, partner in Knight Frank’s Leeds office, said: “There has already been strong early interest in the building due to its quality specification and excellent connectivity. There continues to be a lack of existing large-scale warehouse availability both regionally and UK-wide, which is why the building has such a national significance.
“Its strategic position between Leeds, York and Wakefield means that occupiers can benefit from a large labour pool as well as easy access to the region’s motorway network via the A1(M), M1, M62 and M18.”
Rebecca Schofield, partner and head of Knight Frank’s Sheffield office, added: “The property offers the market a unique product because of its scale, power supply and being able to offer flexible lease terms. Occupational take-up in the region has been affected by the dearth of available existing stock and Sherburn 550 is able to accommodate the pent-up demand.”
