A former supermarket site has been transformed into a major new business park with the creation of at least 80 jobs.

Developers in charge of the £2 million revamp of the old Asda store in Knowles Lane, Dudley Hill, Bradford, today said they were "absolutely delighted" with the success of the scheme.

Already about 40 of the 58 new business units have been snapped up on the 120,000 sq ft development, which was carried-out by Halifax-based Headway Plc.

It is the property company's first foray into Bradford after carrying out projects elsewhere on the M62 corridor.

And today chief executive Andrew Staniland said interest in the site had "exceeded all expectations", with about 75 per cent of it already let.

News of the success of the site followed the publication of the company's results to the year end June 30, which saw profit rise 18.1 per cent to £804,000 and turnover grow 4.5 per cent to £2.1 million.

Chairman Bill Cran said the Bradford site has already begun to contribute to the business' profits and that prospects for the site were "encouraging".

He said the success could be attributed to the "highly flexible" terms on offer at the park and a series of rent-free incentives designed to entice new companies.

Mr Staniland said the units had been snapped up by a variety of relatively small businesses. Uses of the units include a photographic studio, storage, manufacturing, and office space.

"We are very pleased that we decided to invest in Bradford," he said. "We thought that there was a major gap in the market for managed workspace in Bradford. We have been successful because we are offering something different."