Any property to the south of Nottingham available to purchase always sells well due to ongoing demand and very little supply.
Therefore this sale of good quality storage and office space on Moorbridge Road, Bingham should come as no surprise in a deal concluded by Tim Gilbertson at FHP.
A rare visitor to the market, options to purchase in Bingham and surrounding areas are always sought after and this proved to be the case in this particular instance with the buildings selling quickly with delayed completion.
Tim Gilbertson commented:
“Since the end of the holiday period our industrial and warehouse market seems to have picked up with reasonable levels of demand but still a significant lack of supply, particularly for opportunities to purchase throughout Nottinghamshire and indeed the East Midlands as a whole.
Having let or sold a number of properties on Moobridge Industrial Estate over the years and given the overriding market conditions I was confident of a quick sale and pleasingly this was achieved.
We wish the new occupiers Midland Filtration well in their expansion and relocation to the site.
Owner of Midland Filtration, Richard Johnson commented:
“Having traded from West Bridgford for over 32 years Midland Filtration had outgrown its current base and was keen to move whilst staying as local as possible to its place of origin The prospect of a large facility with plenty of offices, warehousing and car parking was an immediate attraction and with its excellent road links Bingham offered everything we were looking for.
This move is undoubtedly the right one for our staff, for our clients and for our suppliers alike. We look forward to growing our business from our new home for many years to come, and should like to thank FHP for their diligence and professionalism in helping to get this deal done.”
