Industrial estate bought in £7.5m deal

A WEST Yorkshire industrial estate has been acquired by a London property firm in a £7.5m deal.

Talisman Properties, an investment partner of The William Pears Group, has bought Castlefields Industrial Estate in Bingley, from Parkmount Estates.

The 260,000 sq ft estate has over 36 multi-let units and 96,000 sq ft of development land and Talisman said it has received a number of development opportunities.

Around 90 per cent of the estate is currently occupied.