16-acre site with planning consent for 265,000 sq ft development snapped up

A 16-acre site with planning consent in place for 265,000 sq ft of mixed-employment development has been sold to Total Developments, which will provide up to 500 jobs for the area.Keyland Developments, the property trading arm of Kelda Group and sister-company to Yorkshire Water, has sold the site for an undisclosed sum following a marketing campaign carried out by industrial property specialists, Gent Visick.The vacant site occupies a key location fronting the A63 in the Aire Valley area of Leeds and its development has the potential to provide up to 500 new jobs for the area.Planning permission for the site was granted in January this year with the approved scheme providing 265,000 sq ft of B1, B2 and B8 industrial and commercial space. The site will create a prosperous new employment hub, which can be accessed directly off the A63 East Leeds Link Road Thornes Farm Roundabout.Located off Pontefract Lane between the existing Cross Green Industrial Estate and the Leeds City Region (Aire Valley) Enterprise Zone, the site sits between Leeds City Centre and J45 of the M1 motorway, giving access to the M62 motorway as well as a direct link into central Leeds.