THREE vacant units at Deeside Industrial Park have been acquired by a UK multi-let industrial property company.

The properties, totalling 69,756 sq ft, are located on a four-acre site at 80-82 First Avenue and were acquired by Sandyford Properties from the former owner of the DRB Group, an engineering company which went into administration earlier this year.

The buildings were previously used as a single factory, constructed in the early 1980s and extended in 2005. There is an additional 0.7 acre plot of land, which could be developed or used by an occupier as yard space.

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Sandyford aims to let the properties. It has the option to let the entire space to one company or refurbishing the space and splitting it into smaller units.

Sandyford was advised by Hill Dickinson (legal) and Townsend and Renaudon (building surveyors). The vendor was advised by BA Commercial.

Paul Brindley, managing director of Sandyford Properties, said: "This acquisition represents an excellent value-add opportunity in a strong location close to existing assets owned by us.

"Deeside Industrial Park is in an area with good supply-demand characteristics, where we are aiming to acquire more assets".