On behalf of long term clients, Cornerstone Real Estate Advisers, Tim Gilbertson of FHP has recently acquired a major industrial/warehouse unit on Glaisdale Parkway in Nottingham.
Held on a long term lease to Agilitas IT Solutions Limited, Tim Gilbertson introduced and advised Stagecoach on their acquisition of the investment.
Offering high calibre warehouse/production space on one of Nottingham’s best estates, the deal was swiftly concluded and should provide the purchasers with long term income and an excellent property.
Tim Gilbertson commented:
“I have acted for Cornerstone Real Estate Advisers for any number of years and previously have undertaken both investment acquisitions and also leasehold and freehold disposals and acquisitions. Therefore it was pleasing to again introduce this opportunity to them to augment their extensive ownership on Glaisdale Industrial Estate which has always served them well. The building purchased is one of the best units on the estate, offering detached high calibre warehouse or potential production space with extensive yard and parking and whilst the building provides long term income for our clients it also provides long term very re-lettable space on an ever popular industrial estate.”
