Thursday, December 5, 2024

80,000 sq ft industrial unit sold on Sherwood Business Park

Lucinda House, an 80,000ft2 industrial/warehouse unit situated on Sherwood Business Park, Nottinghamshire, has been sold.

The premises comprise a modern detached industrial/warehouse unit providing a mixture of storage, production, packing and mezzanine space with offices, canteen and staff welfare facilities.

The property is being sold to a nearby owner occupier as part of their expansion.

Darran Severn of FHP Property Consultants said: “I am pleased the sale of Lucinda House has completed in what has been a great outcome for both our client and the purchaser.  After an initial marketing period, we were pleased to agree a sale within a matter of months.

“The sale was not without its complications, but pleasingly we were able to work with all parties to resolve these and complete the sale.

“There’s not much availability between 30,000ftand 80,000ftacross the region on both a leasehold and freehold basis, therefore I would be delighted to hear from any property owners who have a unit of this size, as we are speaking with a number of businesses who wish to locate to a premises such as this one.”

Danielle Upton of Smith Partnership who acted on behalf of the vendor said: “I am delighted to have represented our client in the successful sale of this significant industrial property, and I look forward to supporting them again on their future ventures.

“I am grateful to Darran Severn at FHP for his collaborative and supportive approach to the deal, which enabled the sale to progress as smoothly and efficiently as possible for our mutual client.”

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