FHP have sold a 27,537ft² unit on a 2.65 acre site in Newark, to local occupier Onebigstar (Holdings) Limited. The sale of Brunel House shows the freehold market for large industrial premises around Nottinghamshire is still strong and resilient.
FHP’s client, Rotherhill Developments, acquired Brunel House in Newark in March this year and have repurposed the premises and completed a sale to the owner occupier.
Anthony Barrowcliffe, associate director of FHP, said: “Working alongside Will Torr of HEB and Rotherhill has been an excellent experience and I am delighted to have been the one to have found the purchaser.
“There was a lot of joint effort put into this transaction and I am pleased with the outcome, not only for the vendors Rotherhill, but also for the purchaser Onebigstar.
“I am delighted that after high levels of interest we could find the right buyer for this building. This new facility will support a local business’s growth and secure their future.”
Edward Jeffery of Rotherhill said: “This property is an excellent location within an established industrial estate and benefits from strong transport links.
“Understanding the local market and demand for good quality second hand industrial space with extensive hardstanding/yard areas, we saw the opportunity to return the property to its originally intended industrial use.
“We are pleased to have sold the property to a successful Newark-based business. The building will facilitate their growth and future job creation.”
