Glenbrook Investments acquires former Safestyle industrial estate in Barnsley following administration
Glenbrook Investments acquired a group of units covering 62,000 sq ft on Station Road Industrial Estate in Barnsley.
The site was originally constructed as a multi-let industrial estate, but used solely by Safestyle as its UK distribution and training facility.
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Hide AdComprising 17 units across three terraces on a 4.5 acre self-contained site, the sale also includes a 1.6 acre parcel of vacant land, providing options for future development or expansion.
![Glenbrook Investments has acquired a 62,000 sq ft industrial estate on Station Road in Barnsley from the administrator of H.P.A.S Limited, formerly trading as Safestyle UK.](https://www.yorkshirepost.co.uk/webimg/b25lY21zOmUyYjBhYTNmLWQzMDUtNDg0Ni04ZDQ2LTNlMzI4ZGJlMmNjNzplMDhhZGQ2ZS04MDVlLTQwZGEtODdhNC1mMWJlN2RhNDU1ZjY=.jpg?crop=3:2,smart&trim=&width=640&quality=65)
![Glenbrook Investments has acquired a 62,000 sq ft industrial estate on Station Road in Barnsley from the administrator of H.P.A.S Limited, formerly trading as Safestyle UK.](/img/placeholder.png)
The price remains confidential, but following Safestyle’s fall into administration in October 2023, the property was marketed by Hilco Real Estate, on behalf of the joint administrators, at a guide price of £2.75m.
Scott Griffiths, of Glenbrook Investments, said: “We are excited to add this to a portfolio of industrial repositioning projects that we have been carefully rebuilding following significant disposals in 2021 and 2022. We are very fortunate to have a great team and with live projects nearby, we have been able to make a quick start on site. We now look forward to bringing this estate back to life as a modern, sustainable destination for local businesses.”
Ian Whittaker, at Watling Real Estate in Manchester, who advised Glenbrook Investments, added: “We were delighted to advise our client on this fantastic value-add investment. The property presents an excellent opportunity to create a thriving multi-let industrial estate of sub 5,000 sq ft units, which we know are in high demand from local and regional occupiers that are currently suffering from a constrained supply of smaller, modern units.”
Watling Real Estate, CMS and GV&Co acted for Glenbrook Investments. Hilco Real Estate acted for the joint administrators at Interpath Advisory.