Al Murad, Britain’s largest independent ceramic tile retailer has added to their existing portfolio by purchasing a 23,143 sq ft unit on Howley Park Road East from logistic providers DSV Road.

Gent Visick who acted on behalf of DSV Road, successfully brokered the surrender of the existing leasehold interest allied with the sale of the freehold interest to Al Murad. Michael Steele and Co Acted on behalf of Al Murad.

The acquisition of this unit will see Al Murad expand their current operation at Howley Park and become the largest designer tile depot in Yorkshire.

The last remaining Gladman Developments owned unit on Cosmic Park, Sherburn-in-Elmet has been sold to engineering and fabrication specialists WEC Group Ltd. 

The purchase of the 27,060 sq ft Mars building places the engineering company in a prime strategic location due to a recently secured long term contract with bus manufacturers, Optare, who are also located at Cosmic Park.

Gent Visick acted on behalf of Gladman Developments.

Nick Prescott, from industrial property specialists Gent Visick, commented “These three deals are another example of the recent activity seen in the sub 30,000 sq. ft size category. This year we have seen a sharp erosion of available warehouse stock across all size categories, so much so that a number of occupiers are finding it increasing difficult to secure new premises on the open market which match their operational requirements.  

Increasingly, I find myself being instructed by companies to dig out off market opportunities to satisfy requirements which we have had a great deal of success with. Our message is simple, ‘don’t compromise’, if you can’t find your ideal premises then seek specialist advice.”

For further information please contact Nick Prescott on 0113 245 6000.