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Sowerby Bridge residential development site goes up for auction
A 19-acre site near Sowerby Bridge that was previously granted planning consent for 17 luxury houses has been put up for auction with a guide price of £1.1m. The land will feature in property auctioneer Pugh’s online sale in February.
The brownfield site at Kebroyd Mills, between Sowerby Bridge and Ripponden, was granted planning permission in 2019 for nine large, detached houses and a terrace of eight townhouses.
Will Thompson from Pugh said: “Although the planning permission has expired, we believe the proposals for the land that previously gained consent allowed for floor areas of around 1,200 sq ft for the eight townhouses and 4,000 sq ft for the nine detached luxury homes.
“Needless to say Calderdale Council planning department would be the first port of call for any buyer and we have already had interest in the site from high-end developers.”
The land, which is wooded and close to the River Ryburn and the A58 Rochdale to Halifax road, is on the site of the former Kebroyd textile mill buildings which were destroyed by a fire in 2013 and subsequently demolished.
“This is a great semi-rural location in a sought-after area of Calderdale with shops, schools and other amenities nearby in Ripponden and Sowerby Bridge, fabulous countryside on the doorstep and excellent links to the M62 motorway and the rail network,” said Mr Thompson.
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Halifax bike business rescued from administration
The business and assets of Orange Mountain Bikes Limited and their frame manufacturing division, P. Bairstow Limited, both based in Halifax, have been rescued from administration by director Ashley Ball.
Orange Bikes was founded in 1988, becoming a cult brand within the mountain biking world with unique designs, British made frames and racing pedigree.
As with a number of businesses in the cycle sector, Orange has experienced several challenges in recent years, largely as a result of the COVID-19 pandemic.
The deal secures 30 jobs and will see Orange and Bairstow consolidate operations into one site, with Bairstow already closing its third-party engineering division.
Ash Ball, director of Orange Bikes, said: “Restructuring the businesses was never going to be an easy process but the decision to do so has preserved the livelihoods of the people at the heart of the organisation, streamlined our operations and ensured the continued strength of the Orange Bikes brand and its products.”
Ball was advised by Leeds-based J9 Advisory who assisted in structuring, funding and executing the transaction.
Johnny Abraham, Managing Director of J9 Advisory, said: “To be honest, I had no idea how famous Orange Bikes was or what a tremendous following it has! Ash clearly has a huge passion for bikes and the Orange brand and wanted to do whatever it took to rescue the business.
“We are glad that we could provide the expertise required to rescue this well respected British brand. Thanks go out to TFG Capital and E Capital, together with BDO for their respective roles in completing this transaction.”