“Well-known Ilkley landmark” brokered by property consultancy in £750k deal

West Yorkshire property consultancy has brokered one of the largest off-market commercial deals in Ilkley so far this year.

DE Commercial has acquired the former Wools of New Zealand building in Little Lane for over £750k.

Comprising warehouse space, offices, yard and parking, the 4,250 sq ft building has been acquired by the firm on behalf of one of its private clients.

Richard Heslop, the managing director of DE Commercial, explained: “The Wools of New Zealand building is a well-known Ilkley landmark.

“The property was originally marketed on a leasehold basis only but we managed to secure the freehold off-market. Overall, this was an excellent deal, very suitable for both parties.”

The deal follows DE Commercial’s support of local retailers Nora’s Interiors and Gifts and The Ilkley Dress Agency in expanding into larger premises in the town’s Grove area.

Richard continued: “We have recently helped two established Ilkley retailers, Nora’s Interiors and Gifts and The Ilkley Dress Agency, expand into larger premises at the western end of The Grove. They have relocated from elsewhere in the town.

“This end of the popular Grove is now a vibrant area, full of successful independent shops, which is seeing a significant increase in footfall.

“The interest in, and subsequent purchase of, the former Wools of New Zealand building is also significant, underlining that Ilkley is flourishing despite the current challenging political and economic landscape.”

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