Investors have swooped for the headquarters of nursery manufacturer and retailer, Mamas & Papas in a multimillion-pound deal.
The freehold for the Mamas & Papas building in Huddersfield has been acquired by a special purpose vehicle, owned by funds managed by ARA Dunedin Ltd.
The new owners have acquired the entire 175,211 sq ft site from Clearbell Capital for £8.425m, which reflects a net initial yield of 5.91%.