Thursday 13th Dec 2018 - Logistics Manager Magazine

Muse starts 80,000 sq ft spec build

Muse development has started the construction of an 80,000 sq ft industrial premises at its 110 acre Logic Leeds scheme in Leeds, West Yorkshire.

The £5m facility forms part of the largest speculative project of its kind in West Yorkshire since the recession.

The construction follows planning approval and the signing of a landmark £2.5m grant agreement with Leeds City Council, funded through the government’s Building Foundations for Growth programme.

Louis Leeds is situated next to the A63, just half a mile from Junction 45 of the M1 and minutes from Leeds city centre, and is part of the Leeds City Region Enterprise Zone, which means that it benefits from a range of incentives for occupiers. These incentives include a discount on business rates, worth up to £275,000 per business over a five-year period; a simplified and accelerated planning process; an opportunity for enhanced capital allowance claims; and high-speed fibre-optic broadband.

Letting agents are Knight Frank and Carter Towler.