Private buyer acquires 57 acre former manufacturing site

Watling Real Estate has acquired a 57 acre property in South Yorkshire for an undisclosed sum on behalf of private clients.

The site, formerly a brickworks, more recently housed Bawtry Carbon Ltd which manufactured carbon cathode blocks for the aluminium smelting sector.

The business was placed into administration on 31 January this year with the loss of more than 100 jobs after efforts to sell the business failed. The new owners have acquired the entire site, along with Bawtry Carbon’s plant and machinery.

Alex Sweetman, a director of Watling Real Estate’s Leeds office, said it had moved swiftly to conclude a deal on behalf of the clients.

He added: “We were able to complete the transaction in just two weeks. This site is a fantastic opportunity for our clients. It is a large scale brownfield site located in the residential community of Austerfield and Bawtry.

“Our clients showed commitment and were able to move quickly to close the deal, illustrating the confidence we’re seeing in the current market for well-located assets with potential.

“Moving forward, we look forward to working with our clients with on forthcoming plans for the property.”

The site has an extensive frontage to the village High Street in the centre of Austerfield, near Bawtry in South Yorkshire.

It is approximately nine miles from Doncaster and within 5.2 miles of the A1(M) Junction 34 at Blyth.

Law firm Clarion Solicitors represented the purchaser, with Pinsent Masons acting for the vendor.