Acting on behalf of a private vendor, CBRE’s Leeds Industrial Agency team has sold a 16,533 sq ft industrial and office unit at St James Business Park in Knaresborough to ALM Manufacturing for an undisclosed sum.
ALM Manufacturing is a local family owned business currently residing in the neighbouring building at St James Business Park. The company has been keen to expand for a number of years and the recent sale of the adjacent unit presented an opportunity to grow within an existing location.
Located on the established and popular St James Business Park, just 1.8 miles east of Knaresborough Town Centre and 4.8 miles from Harrogate, the detached hybrid industrial and office unit is situated within a prime location. Accessed directly off Grimbald Crag Close, the unit is easily accessible from Junction 47 of the A1 (M) giving it further connectivity to the UK motorway network.
Jacques Esterhuizen, Surveyor in CBRE’s Leeds Industrial Agency team, commented: “The property represents the only industrial and office unit of this nature to be marketed on a freehold basis in and around the Knaresborough and Harrogate area. The property generated a good deal of attention with a number of interested parties, proof that unsatisfied demand for quality industrial stock in the North Yorkshire area remains.”
