Carlton Trading Estate, Pickering Street, Armley, Leeds
- Land size
- 1.32 acres
- Use Class
- Use Class: B8
Key Features
- Well-located freehold industrial and commercial estate situated approximately one mile west of Leeds city centre, within the established mixed-use area of Armley.
- Substantial multi-let property of traditional mill and industrial buildings providing a total site area of approximately 1.11 acres.
- Fifteen tenants currently in occupation, producing a current rent of £176,370 per annum, reflecting a low average rent of £4.41 per sq ft.
- Estimated Rental Value of £255,620 per annum, offering significant reversionary potential and future income growth.
- Demonstrated consistently high occupancy and strong re-letting performance, underpinned by affordable rents and the estate’s accessible location.
- Freehold.
- The transaction is to be treated as a Transfer of a Going Concern (TOGC).
- Offers invited in excess of £1,660,000, subject to contract and exclusive of VAT, reflecting an attractive initial yield of 10.00% and a reversionary yield of 14.5%, assuming standard purchaser’s cost
- Low capital value of £28.80 per sq ft.
Description
Carlton Mills comprises a substantial and versatile complex of traditional mill and industrial buildings.
The property offers flexibility for occupation, investment, or redevelopment (subject to planning).
The site is arranged over several interconnected buildings of brick and stone construction beneath a combination of pitched and flat roofs. Internally, the accommodation provides openplan warehouse areas, workshops, and ancillary offices, with natural light typical of traditional mill architecture.
Externally, the property benefits from good on-site circulation and yard space, together with dedicated parking and loading facilities accessed directly from Pickering Street. The estate
layout allows convenient vehicular access for deliveries and trade operations.
The broader area is home to a diverse mix of occupiers, highlighting its proven track record as a successful commercial location. Units on site are occupied by a range of independent
and established businesses across light manufacturing, engineering, fitness, and service sectors.
The estate is fully secure with gated access, security fencing and CCTV is in operation.
Map Location
Property details
- Tenure
- Freehold
- Council Tax Band
- Ask Agent
- Date Posted
- 2026-07-17
Utilities & Restrictions
Utilities
- Electricity
- Ask Agent
- Water
- Ask Agent
- Heating
- Ask Agent
- Broadband
- Ask Agent
- Sewerage
- Ask Agent
Rights & Restrictions
- Public Rights of Way
- Ask Agent
- Private Rights of Way
- Ask Agent
- Listed Property
- Ask Agent
- Restrictions
- Ask Agent
Listed status, conservation areas and planning constraints for this location are in the full report.
Property Features
- Accessibility
- Ask Agent
- Parking
- Ask Agent
- Garden
- Ask Agent
Beyond the particulars: planning activity, flood history, heritage and ground risks, checked for this exact spot.
Connectivity
Broadband
Fastest speed available at this postcode
5.5 Gbps
Gigabit full fibre
Suitable for
- 4K streaming on every screen
- Full-time home working
- Online gaming & big downloads
Mobile signal
Outdoor predictions; indoor signal depends on building materials.
Ofcom Connected Nations postcode-level predictions. Speeds and signal are modelled, not measured, and vary between addresses and providers.
Signal is the easy part. Planning activity, flood history and protected designations here are in the full report.
Nearest Schools
Primary
- Holy Family Catholic Primary School395 metresNo Ofsted rating
- Ages
- 3 to 11
- Pupils
- 241
- Type
- Voluntary aided school
- Faith
- Roman Catholic
- Armley Park Primary School532 metresOfsted: Good
- Ages
- 3 to 11
- Pupils
- 224
- Type
- Academy sponsor led
- St Bartholomew's CofE Voluntary Controlled Primary School724 metresOfsted: Good *
- Ages
- 3 to 11
- Pupils
- 497
- Type
- Voluntary controlled school
- Faith
- Church of England
- Castleton Primary School847 metresOfsted: Good
- Ages
- 2 to 11
- Pupils
- 469
- Type
- Community school
- Burley St Matthias Church of England Voluntary Controlled Primary School927 metresOfsted: Good *
- Ages
- 4 to 11
- Pupils
- 180
- Type
- Voluntary controlled school
- Faith
- Church of England
Secondary
- Dixons Unity Academy1.1 milesOfsted: Good
- Ages
- 11 to 16
- Pupils
- 907
- Type
- Academy sponsor led
- Leeds City Academy1.6 milesNo Ofsted rating
- Ages
- 11 to 16
- Pupils
- 1,009
- Type
- Academy sponsor led
- The Farnley Academy1.9 milesOfsted: Outstanding
- Ages
- 11 to 18
- Pupils
- 1,492
- Type
- Academy sponsor led
- The Ruth Gorse Academy2 milesNo Ofsted rating
- Ages
- 11 to 16
- Pupils
- 1,265
- Type
- Free schools
- University Technical College Leeds2.1 milesOfsted: Good
- Ages
- 14 to 19
- Pupils
- 546
- Type
- University technical college
* Latest graded judgement covers quality of education only; no overall grade was issued under the 2024-25 inspection framework.
Distances are straight-line from the advertised location. Source: the national school registers (DfE, Welsh Government, Scottish Government) and Ofsted.
Schools are just the start: sold prices nearby, planning activity and any flood history are in the full report.
Amenities
Supermarket
GP surgery
Pharmacy
Hospital
Green space
Straight-line distances from the advertised location. Sources: NHS records, Geolytix supermarket locations, OS Open Greenspace and the national trails registers.
The area stacks up? Now check the location itself: planning nearby, protected designations and past flooding.
Getting Around
Nearest station
Nearest bus stop
Typical drive times
Straight-line distances from the advertised location; drive times are typical free-flow times over OpenStreetMap road data, so allow more at peak. Public transport locations from DfT NaPTAN.
Easy to reach matters. So do planning activity, flood history and ground risks: all in the full report.
Flood Risk
From Environment Agency flood map open data, checked around the advertised map pin and allowing for the listed acreage where known. This summary comes from LandSale, the advertising platform, not from the listing agent, and is not part of the agent's particulars. Risk can vary across a single holding, so verify anything critical through your own searches before committing.
Rivers and the sea
Surface water
The detail behind these bandings
The full report pinpoints where this location sits on the flood maps, and runs the deeper checks that usually only surface after an offer.
- Exact flood zones & annual chances (included in the full report)
- Any recorded past flooding (included in the full report)
- Planning activity nearby (included in the full report)
- Heritage & conservation (included in the full report)
- Protected nature designations (included in the full report)
- Ground risks (included in the full report)
- Sold prices nearby (included in the full report)
£14.99 · one-off purchase
By LandSale, the platform. Not provided by the listing agent. Ready in about a minute.
Important notice: Information, maps and tags on this page are drawn from the advertising agent's marketing materials or generated automatically. LandSale has not verified them. Relying on these details is at your own risk, always carry out independent checks before committing to a purchase.
LandSale full disclaimer
Marketing information only - not formal particulars. The details on this website are provided for general guidance and do not constitute an offer or contract. Neither LandSale nor the advertising estate/land agent accepts responsibility for any inaccuracy.
1. Source of information
- Listing content: Core description, asking price, tenure, measurements, photographs and planning history originate from the marketing materials of the advertising estate or land agent. LandSale does not author this content and cannot guarantee its accuracy.
- Automated tags & categorisation: Property type, land-use class, acreage bands and similar labels may be applied by machine-learning models. They are intended as a helpful guide only and may not reflect the property's legal status or permitted use.
- Third-party & enriched data layers: Maps, boundary outlines, planning designations, soil reports, broadband coverage and other environmental or location-based insights are licensed from external suppliers. Such data are supplied “as is", may be incomplete or out of date and are subject to change without notice.
2. Verification required
Prospective purchasers must verify critical matters, including but not limited to planning permission, title boundaries, public rights of way, environmental constraints, acreage, services, access and VAT status, through their own inspections, specialist surveys, legal advisers and the selling agent before relying on the information or entering into any contract.
3. No warranty or liability
LandSale gives no warranty, express or implied, as to the accuracy, completeness or fitness for any particular purpose of the information displayed. LandSale shall not be liable for any loss, damage, cost or expense arising directly or indirectly from any use of or reliance on such information, save where liability may not be excluded by law.
4. Updates & feedback
If you believe any detail on this listing is inaccurate, please let us know. We will investigate and, where appropriate, update the listing or notify the agent.
© LandSale | Version 1.3 - August 2026
Listing agent
Northcap, Leeds
New Station Street, Leeds, LS1 4JB
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