Bradford-based bed manufacturer Wow Lifestyle has acquired the historic 36,500 sq ft Stone Hall Mill from a private vendor for an undisclosed sum.
The firm is relocating its manufacturing base from the 20,000 sq ft Wyke Mills in Bradford to Stone Hall mill, which was marketed with a guide price of £1m.
Darren Stega-Jones, managing director of Wow Lifestyle, said: “We are really keen to stay in Bradford after 15 years in the city. Having our own larger building means we can put down more permanent roots and will enable us to invest in sustainability and to switch to using renewable energy. We have just appointed one new experienced upholsterer to our team and have plans to create further new jobs in the coming months as we develop and expand our product range.”
Matt Jennings, associate director at Eddisons, which acted jointly for the vendor on the sale with Sharma Williamson, added: “There has been a strong uptick in demand for large, high quality warehouse space, both here in Bradford and in the wider market, in recent years and that buoyancy is showing no signs of decreasing. Strategically located units like Stone Hall Mill, which is on a 1.3 acre site and has easy access to the motorway network, are always highly sought after and we were able to sell this property very rapidly.
“We were really pleased to be able to help Wow Lifestyle to relocate and grow their business. Wow is yet another great example of a flourishing Bradford business that is providing jobs for local people and helping to boost the city’s economy.”
Paul Mack, director at GV&Co, which represented Wow on the deal, said: “We were delighted to have advised Wow Lifestyle on this strategic relocation to a larger and permanent manufacturing and warehouse premises, which will enable the business to continue to grow.”
