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 .
Are you a meat proxy?
Engaging the five-generation workplace
Talent is an asset, not an operational resource
Taking advantage of the opportunities ahead
Accountability isn’t the enemy of empathy
Act now to avoid a last-minute tax scramble
How inner-city living can transform a city by the sea
Artificial intelligence's value is the time it gives back
Why we must break the magnetic pull of London
AI scepticism is healthy - inaction isn't
What does NPPF mean for planning gain and pricing?
What new NPPF rules mean for landowners