Bradford Estates buys into Harrogate with Oak Beck Way deal

Its latest purchase concerns Oak Beck Way, which has a combined floor space of 9,710 sq ft and is located just one mile north of Harrogate town centre.

The acquisition adds a range of national and SME businesses including a Medivet veterinary practice, glazing installer Hallmark Windows, a mechanics and a tyre company to the national roster of tenant businesses.

Bradford Estates Property Director Chris Hodson said: “Our acquisition of the units at Oakbeck Way is a great fit for our investment strategy, combining our confidence in the existing Harrogate market together with exciting future opportunities driven by its location adjacent to national retailers and the continued growth of Harrogate along the arterial Skipton Road corridor. 

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“Bradford Estates has strong links with Yorkshire, with existing industrial and retail sites in Barnsley, Leeds and Sheffield, so adding a location in Harrogate to our portfolio works on a strategic management level.”

In total, the industrial company now owns 15 institutional grade estates across England and Wales totalling 430,000 sq ft. They have occupiers including popular brands Screwfix, Halfords, Crown Paints, Euro Car Parts and Plumbase, as well as many regional and local enterprises. Overall, the portfolio has an occupier base which exceeds 100 businesses.

Bradford Estates managing director Alexander Newport added: “We are delighted with the quality of our new industrial investments and are now underway with various value creating asset management initiatives to support our return to the investment market again in the near future.”

The main Bradford Estates asset is a 12,000-acre land holding on the Shropshire-Staffordshire borders used for regenerative farming, sustainable forestry, leisure, local housing, SME business space and real estate development.