FHP Property Consultants have announced yet another warehouse/industrial deal completed throughout the lockdown period and Covid. This sale along with many more industrial transactions being conducted by FHP demonstrates the appetite within this sector and market activity.
The unit was located within the well established industrial location of Calverton Business Park located 8 miles north of Nottingham City Centre and 10 miles from Mansfield town centre. The unit consisted of a simple steel framed construction with an eaves height of 4.3 metres offering simple warehouse space with two large roller shutter doors, internal offices alongside a gated rear yard.
Anthony Barrowcliffe of FHP commented:
“This was a great industrial opportunity for an owner occupier or investor. I received lots of interest from both and due to this had to go from a private treaty sale to an informal tender (best and finals). FHP worked alongside the purchaser throughout lockdown and Covid to get this transaction through and I am delighted with the result. The investor since purchasing the property has wasted no time and has already started works refurbishing and splitting the units.
Giles Davis of Geo Hallam & Sons who represented the purchaser commented:
“Our client was keen to secure the premises on Park Road in Calverton which will sit well in their existing portfolio. The property is currently undergoing a light refurbishment in readiness for marketing and securing a new tenant.
I look forward to working with Anthony and the FHP team on future deals.”
