Partner Article
Keighley manufacturer sells factory as it expands to make way for 196 new homes
Keighley cardboard manufacturer J Stell & Sons is set to sell its Fell Lane plant site which will be allocated for 196 new homes to be developed on site, and upgrade premises, creating new jobs.
The development can begin after CBRE’S Leeds Residential and Investment Team sells the land.
Due to the company’s ongoing success it has decided to relocate the business and its 80 employees locally, to a modern design and build refurbished freehold site 80,000 sq ft facility at Aire Valley Business Park.
The new facility will be fully operational by summer 2015 and demonstrates Stell’s ongoing commitment to manufacturing and the local community in Keighley.
The operational efficiencies achieved through the move will allow the creation of approximately five additional jobs in the short term.
Stell’s has been manufacturing cardboard tubes in Keighley for the last 140 years with the current site opened in 1949.
The relocation will leave the Holme Mills site in Keighley vacant and ready for redevelopment. The site comprises 17.20 acres of land in an established residential area located approximately 1.5 km to the south west of Keighley Town Centre and 14 km north-west of Bradford.
Mike Gorman, director of CBRE’s Leeds Residential and Investment Team, said: “Holme Mill Lane presents a unique opportunity for a purchaser to acquire a prime development site situated in a strong location.
“The site’s allocation for residential development confirms its suitability for a scheme of this nature, the creation of which will make an important contribution to the housing provision within the Keighley area.”
This was posted in Bdaily's Members' News section by Clare Burnett .
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