A KEY canalside office block at Saltaire has been sold for nearly £6 million.

GMI Developments has completed the sale of the 52,494 sq ft Waterfront building to an overseas investor for £5.95 million.

The building, on the banks of the Leeds to Liverpool Canal close to the Salts Mill , is fully occupied following recent expansion by some tenants.

Chris Gilman, GMI Developments managing director, said; “The Waterfront has proven to be a successful business location for flagship companies and continues to make a contribution to the Shipley area through the retention and creation of jobs. We are committed to the long-term regeneration of Shipley and the sale will enable us to continue to invest in the area.”