Acting on behalf of BDO, the Administrators of JP Distribution Limited, our Leeds Restructuring and Recovery team have sold Unit 600, Bretton Park Way in Dewsbury, West Yorkshire.
The 48,000 sq ft property was purpose built in 2010 and comprises high bay warehousing accommodation with dock-levelling facilities, complemented by just under 6,000 sq ft of office space and occupying a site of around 2.84 acres, providing designated car parking, extensive yard and open storage space.
The property was purchased by Kiddies Kingdom (Online Baby & Nursery Retailer), who were represented by Carrick Real Estate & XYZ Law.
Craig Watson, Partner in our Restructuring and Recovery team commented, “It’s fantastic to see completion of the deal at Bretton Park Way. Despite inevitable external pressures caused by the Covid-19 pandemic, we experienced high demand for the property, further highlighting the strength in the industrial market at present.”
Our Leeds R&R team, in conjunction with Jonathon White, Partner in Industrial Agency, have sold around 200,000 sq ft of industrial space in the last 3 months on behalf of several restructuring clients including KPMG, FRP Advisory and RSM. These sales equate to around £8 million with each having been to an owner occupier.