Bolton Birch has just announced the successful sale of a historic building in Flint at the entrance to Castle Park Industrial Estate. Currently used as a day nursery the property is let to Little Ted’s Day Nursery & Academy on a new five year lease. The self-contained single storey building has an interesting past formerly being the wages office for Courtaulds and used for their company balls and dances.
Jonty Goodchild, Director at Bolton Birch said;
“Courtaulds were big important employers in North Wales and the Castle Works in Flint was one of their largest factories. Times have changed and the site is now the modern Castle Park Industrial Estate.”
“The property is one of two character buildings which forms the entrance to the estate and is Grade II Listed, therefore benefitting from an exemption from Business Rates when the property is empty making it particularly attractive to buyers.”
He added; “Over the past 12 months, industrial, logistics and commercial property have continued to thrive, driven by strong rental growth and high demand, again producing the best performance with high returns. We are always looking for this type of property, they are a great investment.”
More details about the property are here.
Courtaulds had three factory sites in Flint: Aber Works, Deeside Mills and Castle Works, and two rayon production facilities at Greenfield. At its height, the Courtauld company employed over 10,000 people in Flintshire.
A Courtaulds in Flintshire exhibition is at Greenfield Valley Heritage Park, Holywell and includes audio recordings of former employees, resource packs for schools and an online catalogue of artefacts. Over 120 former employees and local residents contributed their stories.
