Collett Transport has paid M&B Estates £2.5 million for a 2.3 acre industrial development in Bradford, West Yorkshire.
The development, situated at Carr Lane and Spartan Road, comprises three industrial units with offices totalling nearly 76,000 sq ft. It is part-let to Styrene Packaging and Insulation and Tailormade Design Ltd. A vacant unit of 32,700 sq ft will now be occupied by Collett Transport.
Letting agent Jonathan O’Connor of Walker Singleton, said: “This was an excellent deal, which suited both parties perfectly. M&B were keen to sell and Collett Transport were looking for a new depot in West Yorkshire. Collett will also benefit from two established tenants with strong covenants.