Biffa secures £1.25 million sale of rare employment site in Leeds

10 May 2017

Biffa, represented by international real estate advisor Savills, has sold a freehold development site on Gelderd Road, Leeds to Global Autocare for £1.25 million.

The 4.7-acre (1.9-hectare) plot is allocated for employment use both in the current Leeds Unitary Development Plan and the proposed Local Development Framework from Leeds City Council.  Bordered by a rail line and sites occupied by Biffa and BOC, the land could accommodate a variety of unit configurations subject to planning.  Access would be via a proposed new road crossing Biffa’s neighbouring site.

Gelderd Road is located 1.5 miles from Leeds city centre and close to Junction 1 of the M621 motorway.  The surrounding area is a popular area providing a mix of uses including trade counter, car show room, offices and industrial.

Dave Robinson, industrial director at Savills, comments: “This is one of very few freehold employment sites in Leeds and, as such, attracted significant interest from both occupiers and developers.  We are pleased with the strong sale price achieved on behalf of Biffa.”


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