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 ft² 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/m²; office accommodation of up to 32,430 ft²; 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 ft² 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.



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