Expanding manufacturer’s factory site for sale
CARDBOARD manufacturer J Stell & Sons, based in Keighley, is selling its Fell Lane plant site which will be allocated for new homes.
CBRE’S Leeds residential and investment team has been instructed to sell the site at Holme Mills.
Stell’s has been manufacturing cardboard tubes in Keighley for the last 140 years with the current site opened in 1949.
Due to the company’s ongoing success it has decided to relocate the business and its 80 employees to a modern design and build refurbished freehold site 80,000 sq ft facility at Aire Valley Business Park.
The new facility will be fully operational by summer 2015 and the company said the operational efficiencies achieved through the move will allow the creation of arounf five jobs in the short term.
The relocation will leave the Holme Mills site in Keighley vacant and ready for redevelopment.
The site comprises 17.20 acres of land in an established residential area located approximately 1.5 km to the south west of Keighley Town Centre and 14 km north-west of Bradford.
Mike Gorman, director of CBRE’s Leeds residential and investment team, said: “Holme Mill Lane presents a unique opportunity for a purchaser to acquire a prime development site situated in a strong location. The site’s allocation for residential development confirms its suitability for a scheme of this nature, the creation of which will make an important contribution to the housing provision within the Keighley area.”
