Following their recent success in the sales and lettings of a number of small industrial units along the M40 London to Birmingham ‘horsepower highway’, White Commercial Surveyors have sold yet another small unit opposite junction 11 of the M40, to Greenplant Ltd
Greenplant, an independently owned plant, tool and event hire company established in 2001, have their headquarters at a purpose built 10,000 sq ft property in Wheatley on the Oxfordshire/Buckinghamshire border. This impressive facility houses a showroom, warehouse, and workshop with an extensive yard where many hundreds of individual items for sale and for hire are stored, maintained, cleaned and made ready for customers.
The expansion of the company to Banbury will provide further additional business opportunities and service in a fast and expanding region, which is undergoing significant growth in both residential (a total of 22,800 new houses to be provided from 2011 to 2031) and commercial building and development. The company are likely to employ an additional 3 members of staff in Banbury, adding to their 14 employees based in Wheatley.
White Commercial Surveyors advised a private individual of the sale and this transaction continues the company’s achievements in the disposal of buildings in Oxfordshire and Northamptonshire.
Robert Hutton, Director at Greenplant Ltd, says “We are extremely pleased to have secured the purchase and to be expanding our plant, tool and event hire business into Banbury. We very much look forward to opening our doors and doing what Greenplant does best, by providing the highest level of service to existing and new customers.”
Harvey White, Commercial Property Negotiator at White Commercial Surveyors, says “The current threat of Brexit and the uncertainty that most speculators are considering does not appear to have affected the demand for industrial accommodation in this growth region. We saw a good deal of interest in the building and yet again achieved a value well in excess of the asking price of the property.”
