16 February 2011
The new owners of a former Aire Valley chemical works have promised to retain green spaces and sports grounds when the site is redeveloped, mainly for housing.
Cheshire-based Harrow Estates has bought the former Clariant industrial complex at H
Following the deal, Swiss-based international chemicals giant Clariant will keep its UK head office in the area at a new base near Leeds-Bradford International Airport at Yeadon.
The 48-acre site on Calverley Lane, between Bradford and Leeds, was originally built for former Bradford textile dyes producer Sandoz and was bought by Clariant in 1995 and closed earlier this year with the loss of 160 jobs.
The sale of the site was handled by chartered surveyors Eddisons. Cheshire-based Harrow Estates, part of the Bridgemere Group of Companies, confirmed it was looking to develop the former Clariant site mainly for housing with some commercial use.
Legal director Vincent Fairclough said the number of homes would be subject to negotiation and planning consent.
He said: "It is too early to say at this stage how many residential properties will be developed on the site but I can confirm that we are talking to planners about the site's future.
"There will be some commercial development and we are aiming to retain existing sports grounds and green spaces as part of any development."
Simon Croft, of Eddisons, said: "Despite coming to market in very tough trading conditions, there was a lot of interest and we were able to conclude the deal quickly, which reflected the prime location of the site." Eddisons has also worked with Clariant to secure new premises for its UK headquarters.
He said: "Having identified potential locations we were able to take advantage of favourable leasing conditions to secure 8,000 square feet of office space at Rawdon Park, Yeadon, close to Leeds-Bradford International Airport.
"In a very short period of time we have provided Clariant with a complete relocation service, including the disposal of their existing site, identification of new offices and full project management."