The well-known ‘Christmas Crane’ site at Grange Hill Lane near Meadowhall Shopping Centre in Sheffield has been sold in a £3.825 million deal.
In a deal advised by Commercial Property Partners (CPP), the site has been sold to Selenium Developments – a joint venture partnership between Thorngrove Land & Property and Seddon Developments aimed at investing in key logistic sites along the UK motorway networks.
“This opportunity at Grange Mill Lane is a key acquisition for Selenium on what is undoubtedly a significant site along the M1 corridor,” said Lee Charnley, Director at Selenium Developments.
The 10-acre site is currently leased to HTC Wolffkran, responsible for exporting cranes the length and breadth of the country.
Mr Charnley added: “One of the main attractions in acquiring this investment was the lease with HTC Wolffkran, allowing ample time to consider all future options for the site.”
Roger Haworth, Partner at CPP, said: “The Grange Mill Lane site is an extremely prominent plot of land which provides unrivalled access to the M1, as well as a number of other major road, rail, air and sea networks that are ideal for any industrial business operating nationally, as well as internationally.
“It is an extensive site, and the significant investment from Selenium Developments is reflective of its further potential.”
More recently the Grange Mill Lane site played host to the filming of cult-classic Doctor Who, seeing Yorkshire-born actress Jodie Whitaker perform her own ‘death-defying’ leap 60 ft up between the two iconic cranes at the popular landmark.