Agents appointed to 17-acre business park

Agents have been appointed to market a business park in Leeds, a 17-acre industrial and employment park owned by Bayford & Co Developments.

Old Mill Business Park in Hunslet has been in the Bayford & Co Developments portfolio since the 1990s.

Property consultancy Dove Haigh Phillips (DHP) has been appointed to the scheme.

Mike Haigh, partner with DHP, said: “This is a prestigious appointment for us. We are delighted to have been appointed to advise Bayford on their strategy to improve the market profile of Old Mill Business Park, situated on the south bank of the River Aire.

“We will be working with their current tenants to improve the estate management and provide them with a vibrant business environment.

“Crucially, there is a development site capable of providing a unit of up to 28,000 sq ft which will be brought to the market offering a fantastic opportunity for a single occupier or a number of businesses, if the building is segregated into smaller units.”

Lucinda Jennings, property and development director with Bayford & Co, said: “Until very recently our ownership of the site was by way of a long lease between ourselves and Canal River Trust (CRT).  In November 2017 Bayford acquired CRT’s freehold interest bringing the site’s ownership under one roof.  This exercise has prioritised Old Mill and brought about a strategic review of the estate.

“There is now a reinvigorated approach to Old Mill and working with DHP I am confident that the freeholder, long leaseholder and tenants will all benefit from this new working relationship.”