Property

Leading refrigeration and air conditioning wholesaler secures 10-year lease

The UK’s longest established refrigeration and air conditioning wholesaler, Dean & Wood, has agreed a ten-year lease on a newly refurbished Towngate PLC property near central Leeds.

The company has a long heritage in offering quality, reliability, and market-leading refrigeration and air conditioning brands including Mitsubishi Heavy Industries, Danfoss, Bitzer, and SCM Frigo. The organisation will be using the new location as its Leeds base, offering customer trade counter collections and deliveries throughout the area.

Unit F2 on the Copley Hill Trading Estate comprises a 5,530 sq ft warehouse and trade counter unit within a modern and spacious estate — benefitting from a large yard, a loading area, and dedicated parking.

In addition, the unit boasts an approximate eaves height of 6m, three-phase electricity, single ground floor loading, high-quality ancillary offices, along with extensive kitchen facilities. 

Paul Smith, business development director of Beijer Ref — Dean & Wood’s parent company — commented: “We are all incredibly happy with the move and new branch. It can sometimes be a complicated process settling into a new property, but both Carter Towler and Towngate have been very welcoming and helpful before, during, and after the relocation.”

Towngate‘s property manager, Tom Lamb said: “It’s a pleasure to welcome Dean & Wood Limited to the Copley Hill Trading Estate community. The strategic location of the site will be of great benefit to the organisation — boasting close access to the motorway network and Leeds City Centre. The team will complement the existing businesses on site perfectly and we wish them luck as they settle into the new location.”

 Towngate PLC was represented by Hazel Cooper, of Carter Towler, Leeds, who added: “Dean & Wood’s lease agreement was agreed prior to the extensive refurbishment being completed — which signifies the strength of the market as well as the solidity of Towngate’s reputation within the industry.

Towngate’s decision to invest in the renovation programme has since paid dividends, with the firm having secured such a great tenant on a long-term lease.”

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