Ramsdens Commercial Property department, led by Rhys Craddock, advised on the sale of industrial complex, Holme Bank Mills to New Hall Properties (Hagg Lane) Ltd.
Holme Bank Mill is set in the heart of Mirfield, West Yorkshire and has been owner-occupied for many years, but the previous owners decided to subdivide parts and create a multi-occupied industrial estate with approximately 30 occupiers and a range of workshop, storage and office units. New Hall Properties (Hagg Lane) Ltd. are a local family business who seek to grow the number of units available on site by renovating unused units.
Richard Haigh, managing director of New Hall Properties (Hagg Lane), said: “I have known Holme Bank for many years and the previous owners have done a fabulous job in splitting the complex into a series of units with many long- term tenants.
“We seek to continue their success but looking ahead there are a number of sections which require refurbishment which we aim to undertake and bring back into occupation over the course of the next couple of years.
“We are excited to be able to continue the success of the site, which is being run and managed by my son and daughter-in-law Charles and Marieke, who are keen to maintain long-term relationship with our tenants.
“Despite an element of caution which has been created by the pandemic both our bankers, Handelsbanken in Wakefield, and Ramsdens Solicitors in Huddersfield provided full support and a first class service.”
Rhys Craddock, at Ramsdens, added: “We are delighted to have been able to assist our client in being able to purchase Holme Bank Mills.
“They are well aware of the long history of success at Holme Bank Mills and are delighted that Richard Haigh and family are the new owners of this significant site on ‘their patch’ in Mirfield.
“At a time when many high street lenders are giving greater scrutiny to any possible lending, the support provided to the purchase and our customer by Handelsbanken in Wakefield was unwavering.”
Read full comments on the Business Desk here.
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To discuss Commercial Property issues, please either email us at info@ramsdens.co.uk or call us on 01484 821 500 to speak to a member of our team.