A local housing association has completed the purchase of the former Gannex Mills at Elland, near Halifax.
Pennine Housing Association has bought the redundant industrial complex on Dewsbury Road, along with a nearby development site for an undisclosed sum.
Matthew Scholey of Chartered Surveyors Eddisons, who concluded the sale on behalf of City Services Limited – In Administration, said:
‘This deal has been completed despite some very tough economic conditions and our client is pleased with the price we have achieved.’
The former mill building occupies a 9.18 acre site and was previously ear marked for a £35m office development as part of a significant investment in the town by City Services Limited (trading as Clayton Homes), prior to the company going into administration on 12th August 2009.
Pennine Housing Association has also acquired approximately 3.75 acres of prime development land on Huddersfield Road, Elland.
Located about half a mile south east of the town centre, the land is within an area allocated as a new employment site and could be suitable for industrial or commercial use, subject to the necessary consents.
Meanwhile, Clayton House, the former head office of City Services Limited is being marketed for sale at the request of the Administrators with a guide price of £825,000.
The two storey stone built office building on Park Road, Elland extends to 3,957 sq ft. and has recently been refurbished and appointed to a high standard.
A planning application has also been submitted for the construction of 11 town houses to the rear of the building for which a decision is pending.
John Padgett of Eddisons, who is dealing with the sale of the property said:
‘A real feature of this property is its prominent location which provides access to the Calder Way Elland By-pass and junction 24 of the M62 which is only about 2 miles away.
‘I anticipate plenty of interest and encourage potential buyers to get in touch as soon as possible.’