Haslingden business park to go under the hammer

Written by: Paul Thompson on 8th July 2019

Haslingden business park to go under the hammer

Lancashire County Council is putting its Rising Bridge Business and Enterprise Village development in Haslingden up for auction this month. The business park, which has a total floor space of 20,500 sq ft will feature among over 100 lots in Pugh’s North West property auction in Manchester on 16 July, with a guide price of £1.55m.

The environmentally sustainable scheme, which received a construction sustainability rating of
‘excellent’, includes nine individual two-storey office buildings. Two of the units have been sold on 125-year leases, with six of the seven remaining units let to local businesses and generating a rental income of £113,000.

Pugh managing director Paul Thompson said: “The business park represents an excellent investment prospect and, not surprisingly, it is generating significant interest among potential buyers. The development is in an excellent semi-rural and easily accessible location in the Rossendale valley, and the cutting- edge environmental technology used to develop the site means that the units are well above industry standards.”

The Rising Bridge site is home to a range of businesses including windows and doors firm Safestyle UK and the Fit4Life Health and Fitness gym.

For more information on the Rising Bridge Business and Enterprise Village, click here.

Written by: Paul Thompson on 8th July 2019


About the Author

Paul is a Chartered Surveyor and member of the National Association of Valuers and Auctioneers (NAVA). He is also one of the few auctioneers in the country with a position on the RICS Real Estate Auction Committee.

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