BUSINESS PARK goes FOR £4.75M

Caldene Business Park, Mytholmroyd, has been sold for �4.75 million
Caldene Business Park, Mytholmroyd, has been sold for �4.75 million

A business park in the Calder Valley has been sold off an asking price of £4.75m.

The Leeds office of Chartered Surveyors Eddisons completed the sale of the Caldene Business Park in Mytholmroyd to Industrials.co.uk, following an extensive marketing campaign.

Eddisons acted on behalf of private vendors who developed the site, while London-based Industrials.co.uk was advised by the Leeds office of Ryden.

The former Caldene Clothing Company (Calderdale) site on the A646 Yorkshire to Lancashire trunk road extends to approximately 3.5 acres and comprises 23 modern light industrial and warehouse units, making the estate a major local employer. Tenants at the majority let park include SGL Carbon Fibres Ltd, Nobilia GB Ltd and Stokers Ltd.

Steven Jones, associate director at Eddisons said high specification sites of this type were limited and popular with tenants.

“This is a well located high specification estate off the M62, built as recently as 2007. There is limited industrial availability of this kind of stock in the Calder Valley which makes it popular with a wide range of tenants.

“We are delighted to have completed the sale and achieved a price for our client which is close to the original asking price.”

Matthew Edwards, regional managing partner of Ryden, said: “Caldene Business Park provides good quality space and represents our fourth industrial estate acquisition on behalf of industrials.co.uk.”