Property consultancy Alder King has facilitated the disposal of Unit 2 Interface Business Park in Royal Wootton Bassett. The freehold of the warehouse unit, previously leased by Del Monte Fresh Produce, has been purchased by Yate-based David Hathaway Transport for an undisclosed sum.
Del Monte previously occupied the 34,997 sq ft (3,251 sq m) property by way of a 25 year lease due to expire in 2019. Following its decision to relocate the banana ripening plant, Alder King was appointed to identify a new occupier.
Working closely with the freeholder Valad and its agents Joiner Cummings and Jones Lang LaSalle, Alder King identified David Hathaway Transport which was known to be seeking new premises close to the M4.
James Gregory, partner at Alder King’s Swindon office, commented: “This deal came about through close tri-party negotiations and we are delighted at the successful outcome. Interest was always going to be strong for such a good quality property sitting on a large plot in a prime business location.”
David Hathaway Transport, a family-owned pallet, road haulage and warehousing company, was attracted by the property’s large format floor space and the secure fenced service yard as well as its close proximity to J16 of the M4.
Alder King acted for the lessee Del Monte. Joiner Cummings and Jones Lang LaSalle represented Valad while CBRE advised David Hathaway Transport.