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Friday 23 Sep 2011

BOOST FOR BUSINESS AS NETWORK RAIL REDEVELOPS ARCHES IN LEEDS

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The Lord Mayor of Leeds has officially opened Network Rail’s £1.25 million redevelopment of its Church Walk arches in the Kirkgate area of Leeds.

The eight units, which range in size between 903 sq ft to 1,177 sq ft, provide stylish, serviced commercial premises suited to office, retail and leisure uses, ideal for small businesses and start-up companies.

Network Rail worked closely with Leeds City Council to design a scheme which enabled a bright and modern space to be developed while helping to preserve and enhance the local conservation area of Kirkgate.

Simone Bailey, head of commercial estate at Network Rail said: “As the country’s largest provider of business space, we’re committed to supporting local businesses.

"By investing in our arches we have created these new premises for Leeds in the heart of the city, which will encourage local growth, help drive regeneration and boost the regional economy of Leeds.”

The Lord Mayor of Leeds, Rev’d Councillor Alan Taylor said: “It is fantastic to be able to see the newly completed arches, and the excellent new space that they provide for businesses.”

Network Rail’s nationwide estate offers a wide variety of properties in terms of type, style, quality and size for uses ranging from light industrial and storage units to high quality leisure, retail and office space. Network Rail offers flexible terms that offer good value for money, simple contracts and a 48 hour turnaround from enquiry to entry.

All profits raised from Network Rail’s commercial activities are re-invested back into the railway, helping to reduce the cost of rail to tax payers and passengers.