Building Briefs: Eddisons; Eshton; GMI
A FORMER water tower in Askham Bryan near York has been sold at auction for £64,000.
The structure off Mill Lane, close to the main A64 Leeds to York road, had been offered at the Eddisons sale in Leeds at a guide price of £20,000 to £25,000 on the instructions of Yorkshire Water.
The land and tower is currently let to Vodafone and TV York, producing income of £12,482 a year.
Buyers showed plenty of appetite for a range of other lots offered by Yorkshire Water.
This included a 4.45 acre site adjacent to the waste water treatment works at Ossett Spa near Horbury which achieved £43,000, off a guide of £10,000.
Meanwhile a site at Upper Hopton, near Mirfield sold for £17,000, eclipsing the guide of £1,000.
The best performing lot was a fully let investment property in Huddersfield which sold for £412,000, off a guide of £320,000 to £350,000.
Briarfield House is located in Dalton and comprises 12 self-contained flats, producing annual income of £42,060.
In nearby Golcar a 0.33 acre site which has lapsed planning consent for seven houses, sold for £151,000 off a guide of £75,000 plus.
In total Eddisons sold 64 lots at its two day sale in Leeds and Manchester, which generated total proceeds of £5,465,500.
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THE bridge over the Leeds-Liverpool canal at Burnley Bridge Business Park, being developed by Yorkshire firm Eshton, has been installed.
The 70-acre business park, which has been kick-started by an ERDF grant of £3.85m to Guiseley-based developer Eshton, will create 1,400 new and sustainable jobs. Phase One of the development will be completed by early Spring next year, with quality industrial units ready for occupation.
The bridge and an access road link the £50m business park to Junction 9 of the motorway, giving direct access to the heart of the site, which is on the outskirts of Padiham, East Lancashire.
James Chapman, the managing director of Guiseley-based Eshton, said: “This is a very significant landmark in the development of our quality Grade A business park. It opens up the site from the motorway, which allows potential occupiers to see exactly what we are creating here.”
Meanwhile, Yorkshire construction firm GMI has been appointed to build and refurbish two warehouse and industrial units in the first phase of the development.
Leeds-based GMI has been contracted to build Magnesium Court and refurbish The Cobalt Building. Magnesium Court is a 29,000 sq ft warehouse and industrial space, while the larger Cobalt Building is 64,100 sq ft.
Jarrod Best, group managing director for GMI Construction Group, said: “We are delighted to be involved in this exciting project with Eshton. The development of Burnley Bridge Business Park will bring excellent industrial/distribution services to the local area and beyond.”
