Ironmonger and dessert manufacturer acquire space near Wakefield

Developer Gregory Property Group has sold its two remaining units at the Ossett 40 development, near Wakefield.

Ironmongery business Monaghan Group acquired a 12,000 sq ft unit for its architectural hardware division, while investment firm Camden Ventures secured 12,000 sq ft for Cardium Products Ltd, the manufacturer behind the Freaks of Nature brand of desserts.

Ossett 40 is situated just off Junction 40 of the M1.

Gregory Property Group director Andrew Foggitt said: “We are delighted to complete the last two deals at Ossett 40 which has been a very successful venture for us.

“Ossett is a popular location for industrial occupiers because of its excellent transport links and labour force.”

He continued: “We felt that that there was strong enough demand in the local area to speculatively develop, retaining Simpson Packaging in the local area with a new design and build unit, followed by two quick sales before completion is testament to that.”

Gregory Property Group has owned the site since 2015, when it sold the largest unit – comprising 32,000 sq ft of space – to packaging company Simpson Packaging.

The Leeds offices of real estate advisory businesses GVA and Gent Visick are appointed to market the scheme.