A North Yorkshire business park has been bought by the family that was involved in building the scheme.
The Hunt family, which owns a number of construction and development related businesses in the North, has acquired Abbey Court at Selby Business Park for an undisclosed sum after it was placed on the market following the closure of developer Priority Sites.
The 26,840 sq ft park comprises 15 separate buildings and is 70 per cent let with occupiers including Doosan Babcock, Morgan Lambert and The Skills Network.
The family’s construction business Britcon was the main building contractor for Abbey Court in 2010.
Shaun Hunt, chief executive of Hunt Group, said: “We are delighted to acquire Abbey Court. Having built it ourselves we are well aware of the build credentials that have earned the site a BREEAM Excellent award and its futureproof attributes for efficiency that make it a strong long-term investment opportunity.”
Two former development managers of Priority Sites, who have collaborated to form Priority Space, are also appointed to manage the asset for Hunt family.
Four and a half buildings remain to let. PPH Commercial is the agent.