Industrial property landlord Towngate PLC has expanded its client portfolio in Leeds, with mechanical expert TFSmiths signing a four-year lease at Unit 1 on New Princess Street.
Founded over 35 years ago, TFSmiths is a garage repair centre which provides vehicle and fleet servicing as well as recovery. The family-run business now operates across three workshops throughout Yorkshire and completes over 350 accident repair jobs every month.
At its new 11,340 sqft premises, the firm will benefit from a detached warehouse unit, which includes a two-storey integral office. The space also incorporates a large loading bay and secure yard, which will allow the team to continue providing an efficient service to its customers.
Elaborating on the new occupancy, Towngate’s property manager Tom Lamb said: “It is a pleasure to welcome TFSmiths as a new tenant at our New Princess Street unit. The site is ideally located for the company’s services – being near the M621 and having easy access to Leeds City Centre. We’re looking forward to having them on board over the next four years.”
Leeds-based property agent Gent Visick supported Towngate with the marketing and letting of the property.
Surveyor at Gent Visick, Dan Walker, added: “We are delighted to complete on such a fantastic letting to TFSmiths. The property benefitted from a large yard area which resulted in significant interest and highlights the lack in supply of properties such as this in the Leeds market. ”
The announcement is one of a list of lettings in Leeds for Towngate in 2018, which has included the long-term lease of its newly revamped iconic Copperworks site to Allied Glass.