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Eddisons Completes Major Disposals

Written by: Richard Roe on Monday 28/07/2014

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The Leeds office of Chartered Surveyors Eddisons has completed the disposal of three major freehold sites across Yorkshire, with a combined guide price of around £1.2m.

The deals include 50,000 sq ft on Dockfield Road in Shipley, near Bradford. The three interconnecting units have been bought by long established printing firm Herbert Walker.

Meanwhile Leeds based property developer Sterling Capitol has acquired a 0.96 acre site at Clifton Moor, on the outskirts of York.

Centurion Park has planning consent for a 70 bedroom nursing home, and may suit alternative uses subject to planning.

Elsewhere, the former Atlas Caravans site within the Gypsy Road Industrial Estate in Hull which extends to around 30,000 sq ft has been sold to an unnamed buyer.

John Padgett, Head of Agency at Eddisons said: ‘These are significant deals and highlight the increasing economic confidence in the area.

‘This confidence is translating into a higher level of transactional activity and this was reflected in the number of enquiries we received from a range of potential buyers.’

Written by: Richard Roe on Monday 28/07/2014

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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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