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Eddisons Announces Deals Worth Over £3m

Written by: Richard Roe on Friday 11/10/2013

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Chartered Surveyors firm Eddisons has helped conclude deals across West Yorkshire worth over £3m.

These include the 30,000 sq ft former John Menzies site on the Euroway Trading Estate, close to the M606 motorway, where Eddisons acted as joint agent with Colliers.

Meanwhile, a 27,000 sq ft unit within the West 26 industrial estate in Cleckheaton has sold off an asking price of £1.25m. Eddisons acted for VTL Holdings Ltd, with joint agent Bramleys.

A deal has also been concluded on Bridge House, a 29,880 sq ft industrial unit in Bramley off an asking price of £795,000.

Eddisons has seen a significant increase in demand for high quality stock in West Yorkshire over recent months.

John Padgett of Eddisons said: ‘We have received more enquiries in the first 9 months of this year, than through the whole of 2012 from occupiers requiring high quality units in well established locations.

‘Availability of stock is decreasing and there is an argument now that availability has begun to out strip demand, which might encourage speculative developers to enter the market.’

Written by: Richard Roe on Friday 11/10/2013

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About the author

Richard joined Eddisons in 2003 and has been the Managing Partner since 2012, a role that sees him lead the strategic direction and development of the business under the ownership of Begbies Traynor Group plc. Richard has been instrumental in the growth of the business which has seen turnover more than double since 2008.

In addition to his role as Managing Partner, Richard continues to play a vital role with key clients, particularly in the banking sector, where he is a trusted adviser to major high street clearing banks. Over the last eight years, Richard has been appointed LPA Receiver on many high profile properties and assists in the recovery of distressed loan portfolios.

Prior to joining Eddisons, Richard worked in the real estate division of a 'Big Four' firm where his notable assignments included the privatisation of Saudi Telecom for flotation on the New York Stock Exchange.

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