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Clough & Willis advises on multi-million pound commercial property deals

The Commercial Property team at Bury and Bolton-based solicitors Clough & Willis has completed two deals on behalf of local property developer Ron Wood which saw him sell the 47,000 sqft Atrium House warehouse and the adjoining 9,000 sq ft office building on Manchester Road in Bury.

Card & Party Store (Cash & Carry) Limited, which was already using the warehouse, has purchased it on an undisclosed long lease for £1,300,000; whilst Bracken House Properties LLP  has acquired the freehold of the office building for £1,000.000. Prior to the sale, the offices were multi-tenanted on a serviced office basis.

Paul Nolan of Nolan Redshaw acted as the seller’s agent in the two deals.

David Leviten - partner in the Commercial Property team at Clough & Willis – said: “Ron Wood Developments is a much respected Bury business so we were delighted to work with them on these deals – especially as Atrium House is considered by some as a local landmark development.”

Ron Wood added: “These were two complex transactions due to the multiple tenants and parties involved so we are pleased they completed successfully.”