Commercial Property News

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Thursday, November 16, 2023

Bilsdale sells Walker Industrial Park, Blackburn for 10.5m

In one of the largest industrial property transactions in the North West in recent years, Beva Investments Limited has bought Magnum at Walker Industrial Park comprising 470,352 ft from Bilsdale Properties Ltd for 10.5m.

The building, which formed part of the Walker family's original steel stockholding warehouse, built in the 1970's/1980's, has recently been extensively refurbished, including complete re-cladding of external elevations.

The key features of the building are:- minimum clear headrooms of 25 ft up to 30 ft; potential to incorporate substantial dock level loading provision; floor loadings of up to 50 KN/m; office accommodation of up to 32,430 ft; ability to accommodate both industrial and warehouse users.

The development which will be renamed, Beva @ Walker Park, lies immediately adjoining Junction 5 of the M65 network which in turn provides rapid access to the regional motorway network. Beva Group will offer the building on a freehold or leasehold basis, either as a whole, or sub-divided into units from 80,000 ft and upwards.

King Sturge and Taylor Weaver acted for Bilsdale Properties on the sale and have been retained by Beva Group as joint marketing agents for the new scheme.