10,000 sq ft acquisition at Baildon for GSM
Construction is underway on the second phase of the Sapper Jordan Rossi Business Park at Baildon near Bradford. Five new units comprising a total of 63,000 sq ft are currently under construction at the 15-acre site on Otley Road.
Developer Pendle Russells has secured buyers for three of the units, with the remaining two being built speculatively. Once built, these latest sales will take the business park to 65 per cent occupancy across a total of 150,000 sq ft.
The latest business set to make to move to Baildon is GSM, the global aluminium products supplier which is purchasing the 10,000 sq ft Unit 3b. The firm, which provides aluminium products for everything from bathrooms and offices to hospitals and the military, is relocating from two sites at Keighley and Otley. The deal was done by agent Richard Heslop of Dale Eddison Commercial.
Deana Misbert, director at GSM, said the move would allow the business to invest and grow its global supply and distribution network. She said: “The company is expanding its services and global customer base, and our existing premises are not conducive to that. This new facility will allow us to bring the head office and warehouse together on one site for the first time, and will make funds available for further investment. We anticipate the next three years will see the business enjoy steady growth and will ultimately lead to further expansion and recruitment.
“In looking for a new site we had a set of strict requirements, not least a location which was nearby for our existing employees, provided good transport links for them and our distribution network, and would allow us to continue using our local supply chain. We also wanted to design and specify our own building, so this new development is ideal for GSM.”
GSM is the second of three businesses to have announced its acquisition of a unit in the second phase of development at the business park. The first was yarn manufacturer Laxtons and a third is set to be named in the coming weeks. They join four businesses which are now already operating from the business park, having moved in to the first phase of buildings: Produmax, Anetic Aid, West Yorkshire Glazing and John Ayrey Die Casts.
The Sapper Jordan Rossi Park, formerly known as the Baildon Business Park, is being built by Manchester’s Russells Construction which is delivering the business park as part of a JV with developer Pendle Projects.
Mark Taylforth, director of the Pendle Russells JV, said: “The chance to design and build a bespoke facility for their specific requirements has proven an extremely attractive offer for all of our buyers. That, combined with the well-connected location and a significant lack of new build industrial development in this area, has allowed us to secure a total of seven off plan sales at Baildon in total. We have worked closely with each of the purchasers to design their facility and it’s great to see construction underway and look forward to completion in early 2017.”
The remainder of Phase 2 – the 15,000 sq ft unit 3a and 15,000 sq ft unit 4 – are being marketed by agents Dale Eddison Commercial and Knight Frank.