Goadsby have, on behalf of Receivers, sold 68/68A Old Wareham Road, Poole which is a detached industrial unit totalling 11,191 sq ft with frontage to the busy Old Wareham Road.
The quoting price was £699,950 plus VAT and 3,950 sq ft is currently income producing.
Chris Wilson, Director Goadsby commented “The purchaser was located very close by and was looking for a freehold in Poole to allow their company to expand. There is currently an acute shortage of freehold industrial/warehouse properties in the central south coast region. The purchaser was attracted by the competitive quoting price compared with that of a new build which is in the region of £120/£125 per sq ft plus VAT and which most purchasers requiring freehold premises of this size in prime Dorset locations are now having to consider.”