£2.2m Halifax warehouse deal completed by property consultants

A MAJOR commercial property deal was completed in Halifax despite the uncertainty facing the market,
Property consultants, Commercial Property Partners (CPP), has advised on the sale of a 2.2m retail warehouse on Pellon Lane in Halifax.Property consultants, Commercial Property Partners (CPP), has advised on the sale of a 2.2m retail warehouse on Pellon Lane in Halifax.
Property consultants, Commercial Property Partners (CPP), has advised on the sale of a 2.2m retail warehouse on Pellon Lane in Halifax.

The property consultants, Commercial Property Partners (CPP), has advised on the sale of a £2.2m retail warehouse on Pellon Lane in Halifax.

The property is let to Dunelm for a further eight years.

Nearby occupiers include Poundstretcher, British Heart Foundation, Carpetright, Screwfix and The Range.

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Richard Wright, partner at CPP, commented: “This is a pleasing result in a sector which has been facing considerable turmoil in recent years.

“We had good levels of interest, which shows that providing the fundamentals are sound, there is still investor appetite in the sector.”

Mr Wright added: “Dunelm posted exceptionally strong trading results for the first quarter of 2020, which evidently assisted with making the disposal.”

Commercial Property Partners is a private company of specialist consultants which operates from offices in Sheffield, Nottingham and London.