Summary - Springfield Mills, Oakworth Road, Keighley, BD21 1SL BD21 1SL
1 bed 1 bath Industrial Development
Large stone mill with income and redevelopment potential near Keighley centre.
Freehold Victorian mill complex with multi-storey stone buildings
Gross income approx £70,000 pa; some vacant space (tenancy details available)
On-site environmental systems: solar panels, biomass boiler, mains sprinkler
Goods and passenger lifts; surfaced car park and large communal yard
Prominent roadside location 0.5 mile from Keighley town centre
Suitable for light industrial, commercial use or conversion (subject to consents)
Area classed as deprived; crime levels above local average
Requires asset management/refurbishment for full occupation or change of use
A substantial former Victorian mill complex in a prominent roadside position, offered freehold with an existing gross income of approximately £70,000 per year and some vacant space. The stone-built, multi-storey buildings include goods and passenger lifts, a mains-fed sprinkler system, solar panels and a biomass boiler, plus a surfaced car park and large communal yard. This combination supports continued light industrial/commercial use or redevelopment, subject to planning and consents.
The site’s strengths are clear: visible roadside access just 0.5 mile from Keighley town centre, generous external hardstanding and dedicated parking, and existing environmental systems that reduce immediate plant replacement costs. Broadband and mobile connectivity are excellent, supporting modern business occupiers or hybrid workspace conversions.
Material considerations are equally important. The wider area is classified as deprived with above-average crime levels, which may affect tenant mix and rental growth. Part of the estate is currently vacant and will require asset management or refurbishment; any change of use or residential conversion would need planning consent. Full tenancy schedules and any service/maintenance liabilities should be reviewed prior to offer.
This opportunity suits investors seeking an asset-management project with income and upside, or an occupier willing to part-own while redeveloping parts of the site. The property is substantial in scale and offers clear potential for value uplift through active management, refurbishment or mixed-use redevelopment, subject to local authority approvals.
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