Friday 28th Oct 2016 - Logistics Manager

Northern Foods snaps up Wakefield shed

Leeds-based Northern Foods has snapped up the former RCS warehouse on the Wakefield 41 Industrial Estate following the haulier’s demise earlier this year.

Valad Property Group has let the 135,000 sq ft high bay warehouse to the company on a five-year lease on behalf of its Osprey Unit Trust.

The warehouse, used for the distribution of the company’s Fox’s biscuit products, is situated on Brunel Road.

Chris Carter Keall of Valad Property Group, said: “This is a good deal for our Osprey fund in a tough market, which will maintain and improve its income but with a much stronger covenant.”