Keyland Developments Ltd, the property trading arm of Kelda Group and sister company to Yorkshire Water, has launched to market a 57 acre former water treatment works site in West Yorkshire with planning consent for circa 400,000 sq ft of industrial and employment space which could facilitate around 800 new jobs.
Keyland secured planning consent from Kirklees Council in March this year to transform the redundant North Bierley Water Treatment Works site, which has lain dormant since 2010, into a major commercial development to support the region’s economic growth.
The plans will enable some 400,000 sq ft of industrial and associated ancillary office space to be brought forward by a purchaser, with a ratio of 30 per cent as B2 general industrial use and 70 per cent B8 storage and distribution usage. The range of unit sizes was determined in response to continued and severe regional shortages of new industrial accommodation and to support growing businesses in the locality who cannot be accommodated in the fully-occupied neighbouring business parks in North Kirklees and South Bradford.
Occupying a strategic position at the major intersection of the M62 Transpennine motorway and the M606 Bradford Link in West Yorkshire, the site’s strong connectivity cements its appeal to industrial occupiers and once developed will deliver widespread employment and economic benefits to the region.
The launch of the North Bierley site to market follows on from the recent sale, in July this year, by Keyland of a separate 16 acre site in the Aire Valley area of Leeds with planning consent in place for 265,000 sq ft of mixed-employment development to Total Developments Ltd.
The successful sale demonstrated the appeal of well-located sites with planning in place for development to address regional shortages and Keyland anticipates similar high levels of interest in this development opportunity.
Peter Garrett, managing director of Keyland Developments Ltd, said; “Following on from the successful sale of the Leeds site, we’re very aware of the strong levels of demand for unlocked land of this nature, with planning permission already in place.
“The regional industrial sector is experiencing shortages across all unit size categories and the North Bierley site is in prime position to attract occupiers seeking industrial and warehousing in a key location in the Yorkshire region. We take pride in our ability to bring forward these strategic sites so that they can be regenerated and make a positive impact on the area. Creating 800 jobs would be a fantastic result and we look forward to progressing discussions with interested parties.”
Keyland has appointed Leeds based agents Dove Haigh Phillips (DHP) to market the site.
DHP Partner, Mike Dove said; “The Keyland team are to be congratulated on their proactive approach to planning, land assembly and commercial master planning which have enabled this immediate opportunity. The commercial demographics of this major M62 hub are outstanding.
“The North Bierley site is surrounded by 4 million square feet of industrial estates now at full capacity. These are well populated by successful but frustrated occupiers who are hungry for new generation industrial and logistics employment space.”
Keyland Developments Ltd has been operating across Yorkshire for over 20 years, regenerating Yorkshire Water’s redundant sites. In addition to its work transforming former Yorkshire Water land, the team also works alongside independent landowners, corporates or regulated bodies to overcome obstacles to development on strategic sites in order to facilitate regeneration by securing planning consent for future use.