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Sales Success For Eddisons

Written by: Richard Roe on Thursday 19/09/2013

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The Yorkshire agency team at National firm of Chartered Surveyors Eddisons has completed sales on over 210,000 sq ft at sites across the county.
Dalton Mills, an historic mill complex in Keighley was sold on behalf of Magna Investments Ltd to a private investor. The 150,000 sq ft. building includes tenanted industrial and office space, producing income of £93,000 per annum. The sale also incorporates the parts of the mill damaged recently by fire.   
Elsewhere, Bridge House a 29,880 sq ft industrial unit in the Bramley area of Leeds has been sold to Norseman Direct Holdings Ltd off an asking price of £795,000.  
Meanwhile an 8,800 sq ft investment property on Leathley Road in Hunslet, to the south of Leeds city centre has been bought by property rental firm Towndoor Ltd, off an asking price of £290,000. The property has been divided into six business starter units, ranging from 481 sq ft to 2442 sq ft.
Eddisons acted on behalf of Hexagon Properties.
Deals have also been concluded on properties in Harrogate, Wakefield and Doncaster, as well as three sites in Bradford.
These include a 7,863 sq ft unit at 5 Oxford Place, close to Bradford city centre which was sold on behalf of Ortho-Care (UK), to Printer Roller Services Ltd, off an asking price of £250,000.
John Padgett, Director of Agency at Eddisons said: ’We are delighted to have completed these deals on behalf of our established clients, achieving top end of market values.
‘They also demonstrate that there is still strong demand for good quality stock in the West Yorkshire area.
‘We have a number of other deals in the pipeline which we look forward to announcing shortly.’  

Written by: Richard Roe on Thursday 19/09/2013

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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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