Commercial property sold

Cooper Green Pooks (Commercial Property Consultants) report the sale of 2 Nettles Lane, Frankwell, Shrewsbury.

The property comprises a two storey unit previously used as a storage depot with offices and parking, the total floor area is approximately 297.17 sq m (3,199 sq ft). The guide price was £150,000.

Alessio Dyfnallt, who handled the sale on behalf of the seller said “Our client was very pleased with how this sale progressed, with the price achieved well in excess of the guide price. This highlights how important it is to market commercial property at a competitive level, this way early interest is generated and the property should then find its natural level. We had 6 or 7 parties interested in the property culminating in a sale at a very good price. The new owners intend to carry out a refurbishment for the property which will complement the ever more popular Frankwell area.”