Posted by Zoe Boddy-McEwen

Posted 25 April, 2013 OBI NEWS

Universal PointOBI Property have recently completed the acquisition of the former Homeform Group Ltd HQ and Warehouse facility located on Chester Road, Old Trafford acting on behalf of Klyne & Klyne.  The facility which extends to 170,000 sq ft on 10 acres was marketed at a guide price of £4.95m by the Fixed Charge Receivers.

Sammy Klyne, Managing Director of Klyne & Klyne commented “We are delighted to have purchased Universal Point, with the assistance of OBI Property, which will become the new headquarters for our group of companies, Klyne & Klyne, Rothwell Industries, Stanley Tapes and Adhesives, Kiddu, Scruffs and particularly our e-commerce platform  We have required new centrally located premises for over 12 months due to expansion of the businesses and Universal Point offers us a well located client facing facility to suit all of the companies’ needs.”

Gary Scorah, Investment Director at OBI Property commented, “We were instructed by Klyne and Klyne to find new Headquarters property for their operations and after analysis of a number of opportunities decided on Universal Point.  The property offers a fantastic client facing building to suit the needs of the business with additional opportunities in the future.”