Industrial building snapped up in new deal

Pictured (L TO R) outside The Tannery, Kirkstall Road, Leeds, are Bracken Business Centres, group centre manager, Denise McGeachy; Bracken Business Centres managing director, Neil Clark and Handelsbanken Leeds Wellington Street branch manager, James Cornell.

The Tannery on Kirkstall Road in Leeds has been bought by serviced office provider Bracken Business Centres from development company, CDP Marshall, Elland.

Completion of the deal sees Bracken Business Centres, which has leased 13,500 sq ft at the Tannery as a business centre since 2010, gain access to a further 11, 500 sq ft of offices which it has already leased to debt recovery specialist BW Legal.

The deal was funded by Handelsbanken’s Wellington Street branch in Leeds.

The property, on a 1.7-acre site including car parking, was built in 1876 by Firth and Kendal, Idle, Bradford, for Leeds industrialist William Paul. More recently, it was the regional head offices of Arla Foods and Craven Dairies.

Neil Clark, managing director of Bracken Business Centres, said: “Acquiring The Tannery gives us greater opportunities to expand a number of growing companies in our portfolio.”