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More Deals Success at Eddisons

Written by: Richard Roe on Friday 30/05/2014

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A letting at a well known Bradford industrial estate and the sale of a former Methodist Church are among the latest deals to be announced by the Bradford office of Chartered Surveyors Eddisons.

The unit on Fowler Street Industrial Estate on Wakefield Road has been let to Zouk Deli Ltd off an asking rent of £7,950 per annum.

The firm plans to use the 1,400 sq ft unit as a storage and distribution centre for its outside catering division, which supplies events and venues across the country, including Silverstone.

Meanwhile, existing tenant PPG Architectural Coatings UK Ltd has agreed to move to a more prominent location on the same site, which leaves just one unit still available.

The estate has become a major attraction for trade counter operators, with tenants including Yesss Electrical and Rexel Senate, a distributer of electrical supplies.

Steven Jones, Director at Eddisons said: ‘The estate enjoys a strong profile as a trade counter location given its proximity to the outer ring road, Bradford city centre and the motorway network, typified by established tenants like PPG.’

Elsewhere, the former Hawksbridge Baptist Church in Oxenhope is now under new ownership, having been sold off an asking price of £245,000.

The property on Moorside Lane occupies a site of approximately 0.39 acres and has been bought by a private individual who plans to convert it into one large residence. Eddisons concluded the sale on behalf of long standing client, Yorkshire Baptist Association.

Mr Jones said: ‘We are seeing strong interest in these types of properties from both developers and private individuals who appreciate the tremendous potential they offer for a range of alternative uses.’

Written by: Richard Roe on Friday 30/05/2014

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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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