The former Skelton Grange power station near Leeds is likely to see distribution and open storage development.
The site next to to the Leeds City Region enterprise zone south east of the city, bounded by the M1 and M621 motorways.
Harworth acquired the site from RWE Generation.
Skelton Grange - to be renamed Logistics Leeds - could provide a Yorkshire counterpart to Harworth’s main North West region development at Logistics North, Bolton. The former Cutacre colliery site at junction 4 of the M61 is seeing a 4m sq ft development.
Owen Michaelson, Chief Executive of Harworth Estates, said: “Skelton Grange fits very well with the rest of our property portfolio, given the number of commercial developments we are already bringing forward across Yorkshire. As we take the site forward to the occupier market we will be emphasising its range of assets and benefits, including its strategic location and high power connectivity. “
Mike Baugh of surveyors CBRE, who acted on behalf of RWE, said:
“This sale represents one of the most significant site disposals in the Leeds area for many years. CBRE worked closely with RWE to ensure a smooth marketing campaign and successful completion of this transaction and we believe it represents an exciting prospect for Harworth Estates to bring forward what is a unique opportunity for the area.”