BB&J Commercial are pleased to announce the sale of an incoming producing former mill located in the Staffordshire Market town of Leek.
Built in the mid 1800’s by Brough, Nicholson and Halls the Grade II listed property was one of several mill buildings locally which accommodated their existing silk/fabric manufacture business. At their height the company employed just over 600 personnel prior to their demise, with the building changing hands in 1891 following a sale to Berisfords, a ribbon making firm based in Congleton.
Fast forward to the present day the three-storey building still retains its original charm with many distinguishing features but has been repurposed to provide a series of cellular suites home to varied mixture of office, leisure, workshop tenants.
“It is rare that a building of this nature is offered on the open market and therefore, we are delighted to have this opportunity. Given the fact that the building is generating an income of just under £50,000 per annum with the potential to increase to £93,000 when fully let, we would expect this property to appeal to investors and developers seeking to ‘add value’. The building stands well in an extremely prominent position within the town and therefore, subject to planning may offer the potential for conversion or redevelopment.”
To register your interest in this property or receive further details please feel free to contact c.keogh@bbandj.co.uk 01332 292825
