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Acquisition of Caldene Business Park

26th February 2015

A business park in the Calder Valley has been bought for £4.7m, representing a yield of 9.53%.

With Ryden acting, Caldene Business Park in Mytholmroyd was acquired by newly established fund Industrials.co.uk.  

The former Caldene Clothing Company (Calderdale) site on the A646 Yorkshire to Lancashire trunk road extends to approximately 3.5 acres and comprises 23 modern light industrial and warehouse units.

Tenants at the 78,825 sq ft park - which has only 1000 sq ft available - include SGL Carbon Fibres Ltd, Nobilia GB Ltd and Stokers Ltd.

Mathew Edwards, Regional Managing Partner of Ryden said: "Caldene Business Park provides well located, good quality space and represents our fourth industrial estate acquisition on behalf of Industrials.co.uk. This latest deal is a further step for Industrials.co.uk towards building its planned £500m industrial portfolio in the UK and we will manage the estate going forward.”

Eddisons acted for the private purchaser.

Categories Investment

Matthew Edwards

Matthew has over 25 years' experience in commercial property and a wide range of contacts in the property market. He set up Ryden’s Leeds office in 1995 and is the Regional Managing Partner.

Matthew specialises in investment agency and producing asset management strategies to improve both the income and capital value of clients' properties. More recently he has been heavily involved in Ryden's continued expansion into new markets in England.

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