Wharfedale Property has put a 489,000 sq ft business park in West Yorkshire up for sale seeking offers in excess of £16m.
Flush Mills sits on a 23-acre site in Heckmondwike, just three miles from the M62. The park, which provides a mix of refurbished and newly constructed warehouses, is let to seven occupiers and generates a passing rent of more than £1.79m.
The sale also includes a 3.9-acre site opposite the main estate on the A638 Wakefield Road, which is zoned for residential development.
A representative from joint selling agents GV&Co and Michael Steel & Co, said: “Flush Mills offers significant asset management opportunities which will further enhance how the estate has been skilfully repurposed in recent years, with parts of the site benefitting from a substantial refurbishment, and two new buildings were constructed in 2021.
“The estate has been a major employer in Heckmondwike and the surrounding area for well over 100 years and is fully let to numerous reputable and established manufacturing companies and significant SMEs. All this will appeal to property investors looking for high yielding opportunities, where they can add further value.”
