27,000 sq ft Brighouse factory transfers hands in sale
A 27,000 sq ft manufacturing facility in Brighouse has changed hands as its current tenant looks to upscale.
Aflex Hose, a manufacturer of flexible hosing, has sold the factory on Armytage Road Industrial Estate to Yorkshire Property Enterprises Ltd, which will relocate a group company into the premises once it has been refurbished.
Aflex Hose is consolidating and expanding its West Yorkshire operations, with a new state of the art 210,000 sq ft factory, currently under construction in Huddersfield.
Avison Young oversaw the sale with Rob Thompson of T1 Asset Management Ltd acting as the acquiring agent.
Rob Oliver of Avison Young said: “We are seeing really strong demand across the Kirklees and Calderdale areas at the moment, particularly from occupiers looking to buy mid-size units. Conversely, there is a dearth of second-hand availability, and relatively few opportunities for new build.
“We knew this unit would generate a lot of interest. It received a large number of enquiries, primarily from local companies looking to relocate but stay local to their existing operations, but also from investors. Brighouse works well given its M62 proximity, and easy access to both West Yorkshire and the North West.”
A spokesperson from Yorkshire Property Enterprises added: “The availability of suitable premises was very limited and finding the right premises was challenging. We are very pleased to acquire such a well-located property, which will allow our business to remain in the area and continue its expansion plans.”
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