Safestyle UK - Case Update

Watling Real Estate has acquired a second major industrial unit in Barnsley in a month, completing a second deal to buy the remaining 133,000 sq ft former Safestyle UK manufacturing distribution hub for a private regional investor.

H.P.A.S. Limited (trading as Safestyle UK), a Bradford-based window and door manufacturer and retailer, entered administration on 30 October 2023 after facing a series of financial issues including rising inflation and poor consumer confidence. William Wright and Richard Harrison of Interpath Advisory were appointed joint administrators

In June 2024, Watling Real Estate acquired a 60,000 sq ft unit at Valley Road Industrial Estate by Glenbrook Investments from the joint administrators.

Now, Watling Real Estate has completed a second deal to buy the remaining 133,000 sq ft former Safestyle UK manufacturing distribution hub for a private regional investor.

This latest acquisition includes a modern distribution unit of 67,234 sq ft together with a manufacturing unit of 66,133 sq ft, on a site of 7.96 acres. It was on the market for £6 million.

Hilco Global Real Estate Advisory and DLA Piper advised the seller, with the buyer advised by Hill Dickinson.