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Prime Huddersfield Regeneration Site Brought To Market

Friday, 14 October 2011

More than three acres of prime development space at a key regeneration site in West Yorkshire is being marketed by GVA, the UK's largest independent commercial property consultant.

The company's Leeds office is inviting interest in the former industrial site, known as Huddersfield Waterfront, next to the River Colne. The company has been appointed by Kirklees Council, in consultation with Yorkshire Forward.

GVA expects developers and occupiers will be enticed by the opportunity presented by planning permission already secured at the site. Outline consent has been granted for 194,000 sq ft of office accommodation, 4,200 sq ft of retail space, a 3,000 sq ft crèche, and associated car parking.

Matthew Tootell, director of GVA's Office Team, commented: "Regeneration on this scale presents a rare chance to secure prime accommodation in a key town centre site.

"It is an attractive scheme overlooking the reopened Huddersfield Narrow Canal and River Colne and will have a new public square as its central focus. GVA is really pleased to be appointed to market this unique site and we look forward to progressing opportunities at this exciting regeneration proposition."

The proposed office accommodation includes outline approval for four plots, ranging from 77,500 sq ft to 20,200 sq ft. However smaller floor plates could be made available. Alternative uses to complement the development can be considered, subject to planning.

In total, Huddersfield's Waterfront Quarter is a 7.5 acre site on the edge of the town centre. A new £60 million campus for Kirklees College is currently under construction and will be completed in September 2012 when it will be used by 3,000 students and 300 staff. 

Site preparation works to the commercial development land will be completed in April, followed by highway works in 2012. Cllr Peter McBride, Kirklees Council's Lead Member for Regeneration, said: "With work starting on the next phase of development, I am delighted to see that Huddersfield's Waterfront Quarter is gaining considerable momentum. As work on the site has progressed, it's easy to see how attractive the waterside location will be to investors and developers."


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GVA profile

GVA is one of the UK's leading property consultants operating from 12 offices with 890 fee earners generating a turnover of £129.5 million year ending 30 April 2010.

The company provides a full range of property-related advisory led services including agency, planning, development and regeneration, rating, building consultancy, investment, management, valuation and corporate recovery.

It also offers specialist advice in areas such as finance, economic & social policy, telecomms, education, healthcare, hotels & leisure, retail, sustainability, contamination, plant and machinery and the automotive and roadside sectors. For further information visit http://www.gva.co.uk/

GVA is a founding member of GVA Worldwide, an international organisation of real estate industry leaders serving key markets in over 25 countries. The organisation comprises of over 2,500 real estate professionals in over 85 markets worldwide.

A leading advisor in commercial real estate, GVA Worldwide optimises client portfolios locally and around the world. It serves the real estate needs of clients including multinational corporations, major space users, developers, owners, institutions, lenders and investors. For more information visit http://www.gvaworldwide.com/