Bent Ley Industrial Estate Sold

April 2024

Holmfirth-based commercial property specialist Towndoor Limited has agreed to the off-market sale of one of its six industrial estates for £4.25 million.

The Bent Ley Industrial Estate in Meltham, a fully tenanted investment site, has been acquired by an undisclosed property investor.

Towndoor initially purchased the site 20 years ago and developed it over several years to accommodate a diverse range of businesses, which have included a coffee roastery, plastic injection moulding site, fireplace factory, horsebox manufacturer, and textile storage facility over the years. Spanning 4 acres, the site features multiple bespoke commercial units with eaves heights of up to 8 meters and offers 60,000 square feet of lettable space set amidst a woodland backdrop. Equipped with substantial solar PV arrays, a spacious yard, ample parking, automated gates, quality landscaping, and robust security systems, this well-known and respected site has consistently enjoyed full occupancy, commanding strong rentals throughout its tenure, a testament to its vendor.

Towndoor has been actively developing and letting commercial properties since 1998. As a family-owned company, it has experienced substantial growth over the past decade through a combination of proactive service, long-lasting client relationships, and a diversified portfolio catering to a wide range of business needs, from warehousing to office space.

Managing Director Dan Bamforth said “we are delighted to have completed on the sale of Bent Ley. The strong sale amount achieved represents the quality of this industrial site, it has always been immaculately maintained and managed by our fantastic in-house team and is testament to the calibre of tenants we have secured during our ownership. My team and I would like to wish the buyer and their new tenants continued success. Towndoor has plans to develop retained land on its other sites whilst reducing a portion of its bank facility with the proceeds”.  

Laura Kurowski of Wilkinson Woodward Solicitors commented; ‘we were extremely pleased to support Towndoor with the sale of what is a well-known estate in Meltham, Huddersfield and we would like to wish the new owners, all the very best with their plans for the site. We look forward to working with Dan and the team at Towndoor, as long-standing valued clients of the firm, again in the near future. 

Jonathan Wilson of Bramleys Commercial commented; ‘Bramleys are delighted to have acted on behalf of Towndoor in the disposal of Bent Ley Industrial Estate which is a high-quality estate and has been well-maintained by Towndoor since they constructed the units. The transaction is another example of the continued appetite within the market for high quality industrial investment assets. It was great to work with Towndoor, Wilkinson Woodward Solicitors and Metcalfe Commercial who acted on behalf of the purchaser’.

To browse available commercial properties to let please visit www.towndoor.co.uk or contact our team via enquiries@towndoor.co.uk

Share

Recent News

© 2024 Towndoor Ltd. All rights reserved | Website Design by Fallen Leaf

Property To Let

D3, Meltham Mills Industrial Estate

This impressive industrial unit gives a total area of 657 sq.ft. Inside, the unit consists of a workshop/storage area, WC...