Former mill complex sold to ATZ Developments

Published on: 14th August 2017

ATZ Developments, a Yorkshire based development company, has purchased a 60,000sq ft multi-let mill complex in Batley, West Yorkshire.

Hickwell Mills, which comprises of 16 units and is currently let to a total of eight tenants, was sold to ATZ developments by Leeds-based property consultancy Sanderson Weatherall.

Commenting on the sale, Jonathon White, industrial agent at Sanderson Weatherall said, “We are delighted to have sold this site on behalf of the vendors.

“The site is a great acquisition for ATZ with the individual units currently producing circa £57,000 per annum providing a strong return on their investment. With tenancy agreements expiring throughout 2018 and 2019 the site provides ATZ with a number of excellent management opportunities, as well as the option to explore the redevelopment potential of the site, subject to necessary consents.

“We experienced good levels of interest for the unit as demand for income producing assets across the region remains strong with relatively few opportunities currently coming to the market.”

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August Deals Update

In Birmingham, our agency team let a 8,800 sq ft unit on Upper Gough Street in Birmingham City Centre to Vanti, an internationally award-winning technology systems integrator. At the start of July we published our summer 2017 commercial property update for Bristol, the report provides an update on Bristol’s office, industrial and retail sectors detailing key market and transaction data as well as summarising major projects. You can view the full report by clicking here. 

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In Birmingham, our agency team let a 8,800 sq ft unit on Upper Gough Street in Birmingham City Centre to Vanti, an internationally award-winning technology systems integrator.

At the start of July we published our summer 2017 commercial property update for Bristol, the report provides an update on Bristol’s office, industrial and retail sectors detailing key market and transaction data as well as summarising major projects. You can view the full report by clicking here. 

[fulltext] =>

In Q2 the Leeds office market demonstrated its resilience in the face of an uncertain economic climate, posting improved take-up compared to both the preceding quarter and equivalent period last year. View our full Leeds office market update for Q2 2017, here. 

Following this strong quarter our Leeds agency team were pleased to complete a number of deals in July. Deals included the letting of 900 sq ft of office space at York Place to Grant Fieldhouse, the specialist property consultants.

Our office agency team in Leeds also completed the letting of a 3,500 sq ft office at Three Leeds City Office Park to ADT Fire and Security, the letting brings the 69,500 sq ft building to full occupancy. Lastly, the Leeming Building in Leeds has welcomed seven new businesses following an extensive refurbishment, with a total of 70% of the space either let or under offer.

On the other side of the Pennines our Manchester machinery and business assets team have been instructed by the joint administrators of Pulse Flexible Packaging Limited to offer for sale a comprehensive range of high quality packaging production equipment at auction.

You can view our Newcastle office market update for Q2 2017 by clicking here. Newcastle’s office market recorded take-up of just below 130,000 sq ft, which was better than expected but did reflect a slower market than in the previous quarter with some hesitancy caused by political uncertainty. With a number of new instructions across the retail, leisure, investment and office sectors in the North East our agency team is looking forward to the month ahead.

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Industrial Agency

Sanderson Weatherall’s team of expert industrial property agents provide specialist advice on the sale, acquisition, development, leasing and funding of industrial property across the country. With an in-depth understanding of the UK Industrial sector, including the logistics sector, and the factors that affect it, as well as extensive knowledge of the local and regional markets they deal in, the team offers pro-active market intelligence on emerging trends and opportunities for industrial property owners and occupiers alike. A large and varied client base includes investors, developers and occupiers. The specialism is supported by a broad range of additional services within the business. We act on behalf of manufacturers, logistics operations and financial institutions by offering strategic market advice on mixed use schemes, distribution, break ups, portfolios and single buildings. Contact Us

Read More....

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Sanderson Weatherall’s team of expert industrial property agents provide specialist advice on the sale, acquisition, development, leasing and funding of industrial property across the country.

With an in-depth understanding of the UK Industrial sector, including the logistics sector, and the factors that affect it, as well as extensive knowledge of the local and regional markets they deal in, the team offers pro-active market intelligence on emerging trends and opportunities for industrial property owners and occupiers alike.

A large and varied client base includes investors, developers and occupiers. The specialism is supported by a broad range of additional services within the business.

We act on behalf of manufacturers, logistics operations and financial institutions by offering strategic market advice on mixed use schemes, distribution, break ups, portfolios and single buildings.

Contact Us

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Industrial Property Services

Industrial Property Services Our industrial team deliver specialist, expert advice in relation to all property matters in the Industrial and Logistics sector. We have an in-depth understanding of the UK industrial and logistics sector, including the challenges you face. We offer expert property advice to your sector based on our extensive knowledge of national and regional markets. Effective and efficient property and asset solutions for the industrial sector Our industrial services include leading advice and support in machinery and business assets, including auctions, valuations, and asset based lending. Our complete service will also support you in all areas of industrial property, including; acquisitions, disposals and lettings, claiming compensation for a compulsory purchase, business rates, building surveying and dilapidations work. Contact our industrial property team and we’ll develop your property solution specific to your business. Contact Us

Read More....

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Industrial Property Services

Our industrial team deliver specialist, expert advice in relation to all property matters in the Industrial and Logistics sector.

We have an in-depth understanding of the UK industrial and logistics sector, including the challenges you face. We offer expert property advice to your sector based on our extensive knowledge of national and regional markets.

Effective and efficient property and asset solutions for the industrial sector

Our industrial services include leading advice and support in machinery and business assets, including auctions, valuations, and asset based lending. Our complete service will also support you in all areas of industrial property, including; acquisitions, disposals and lettings, claiming compensation for a compulsory purchase, business rates, building surveying and dilapidations work.

Contact our industrial property team and we’ll develop your property solution specific to your business.

Contact Us

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