Partner Article
Clough & Willis advises on multi-million pound commercial property deals
The Commercial Property team at Bury and Bolton-based solicitors Clough & Willis has completed two deals on behalf of local property developer Ron Wood which saw him sell the 47,000 sqft Atrium House warehouse and the adjoining 9,000 sq ft office building on Manchester Road in Bury.
Card & Party Store (Cash & Carry) Limited, which was already using the warehouse, has purchased it on an undisclosed long lease for £1,300,000; whilst Bracken House Properties LLP has acquired the freehold of the office building for £1,000.000. Prior to the sale, the offices were multi-tenanted on a serviced office basis.
Paul Nolan of Nolan Redshaw acted as the seller’s agent in the two deals.
David Leviten - partner in the Commercial Property team at Clough & Willis – said: “Ron Wood Developments is a much respected Bury business so we were delighted to work with them on these deals – especially as Atrium House is considered by some as a local landmark development.”
Ron Wood added: “These were two complex transactions due to the multiple tenants and parties involved so we are pleased they completed successfully.”
This was posted in Bdaily's Members' News section by Clough & Willis Solicitors .
Powering a new wave of regional screen indies
A new year and a new outlook for property scene
Zero per cent - but maximum brand exposure
We don’t talk about money stress enough
A year of resilience, growth and collaboration
Apprenticeships: Lower standards risk safety
Keeping it reel: Creating video in an authenticity era
Budget: Creating a more vibrant market economy
Celebrating excellence and community support
The value of nurturing homegrown innovation
A dynamic, fair and innovative economy
Navigating the property investment market