Leeds property consultant DHP wraps a duo of deals for Seabrook Crisps

Dove Haigh Phillips (DHP), the Leeds-based property consultancy, has concluded two major projects for Seabrook Crisps.

DHP sold Seabrook’s redundant manufacturing plant at Allerton in Bradford to Rock Developments and Aldi Stores, while also disposing of a 4.7 acre industrial site at Ingleby Road, Bradford to a private local business.

The value of both deals was undisclosed.

Mike Dove, partner with DHP, commented: “These two deals have cemented our strong relationship with Seabrook Crisps and have also released money for Seabrook to invest in an expansion programme.

“The deals are also good news for Bradford, with redundant land being brought back to life. For example, the new Aldi store in Allerton, which is currently under construction, will bring much-needed benefits to the village and provide greater retail choice.”

Jonathan Bye, Seabrook chief executive added: “The business continues to grow so releasing this unused land is providing additional investment to ensure we can continue to fulfil increasing demand.

“We also hope the sale will lead to more benefits for the local economy, through subsequent investment by the future owners.

“We would like to thank Dove Haigh Phillips for their excellent advice and support, which has ensured both these deals have reached very satisfactory conclusions. Their expertise and commitment has been exemplary. This is a good example of two Yorkshire firms working well together.”

Mr Dove explained: “Seabrook identified the Ingleby Road land as surplus to their operational requirements as it is physically separated from their highly successful and expanding production site on Duncombe Street. Industrial and trade park sites for development like this are in rare supply in this fast growing city and we had serious interest in the land prior to its sale.

“This was a perfect site which was already levelled and ready to go for the purchaser. The site is well-located and in a city with many successful and expanding businesses and will now provide another welcome employment boost to Bradford.”

Bradford-based Seabrook Crisps is set for future growth following a £35m management buy-out last summer backed by mid-market private equity house LDC.

The company has a retail sales value of more than £32m, continuing to grow ahead of the overall crisp category and recently commenced sales to overseas markets as part of its expansion plans.

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