Commercial real estate firm Ryden has re-leased Unit 3 Normandy Landings in Castleford within only two days of the previous tenant’s departure, highlighting the strength of the industrial property market in the area.
Acting on behalf of the landlord the Oddfellows, one of the oldest and largest friendly societies in the UK, Ryden’s Agency team in Leeds secured Roberts Graphics, a used printing machinery supplier, as the new occupier off an asking rent of £110,000 per annum.
The 14,061 sq ft asset features a detached industrial unit with office accommodation and it is strategically situated in Wakefield Europort adjacent to the M62, one of the premier distribution sites in the West Yorkshire region.
Ryden agency partner in Leeds, Jonathan O’Connor said: “We are thrilled to have successfully facilitated this rapid transition for Unit 3 Normandy Landings. Once again this transaction showcases our deep understanding of the market dynamics and our commitment to delivering the best results for our clients.”
The Oddfellows CEO, Jane Nelson, said: “I’m pleased at how swiftly Ryden were able to re-lease the property because, as a non-profit mutual society, it means the income can be reinvested into providing support to our members sooner.
“We have a long and proud history of investing in property across the country and will continue to make sure those who need us are supported by our investments.”
