BNP Paribas Real Estate, alongside joint agent Salloway Property Consultants, has sold a 53,000 sq ft warehouse at Holmewood Industrial Estate, Chesterfield, to Utopia Tableware Ltd on behalf of appointed liquidators, Baker Tilly.
Stuart Waite of BNP Paribas Real Estate’s Sheffield office comments: “The property received interest from various parties and was eventually sold following a best bids process. The sale is further evidence that there is a strong demand for well-located second hand industrial/distribution units between 20,000 – 100,000 sq ft, as a result of growing occupier confidence and a lack of new development.”
Stephen Salloway of Salloway Property Consultants commented: “As might have been expected from a ‘distressed sale’, interest from property dealers was spread quite broadly in a geographical sense but the strongest levels of enquiry came from local companies. The ultimate sale to Utopia means the creation and retention of jobs, which is great news for the local economy.”
The property is located within 1.5 miles of the M1 Motorway at Junction 29, six miles South East of Chesterfield and seven miles North West of Mansfield.
