Thursday, August 13, 2020

Screwfix investment sold in Derby

Bassi Properties Limited has purchased a unit let to Screwfix on Crown Park in Derby.

Anthony Barrowcliffe of FHP Property Consultants, on behalf of Clowes Developments, completed the off market investment sale of Unit B2, Crown Park on Parcel Terrace.

Will Torr of HEB Chartered Surveyors acted on behalf of the purchaser.

Crown Park is made up of five new build units ranging from 2,508ft² to 7,696ft and is situated just off the A516 Uttoxeter New Road.

Anthony Barrowcliffe, who brokered the deal, said: “I am delighted with the outcome of this investment sale having offered this to a select number of investors with Will Torr’s client agreeing a figure satisfactory to both parties.

“I personally enjoyed dealing with my old university colleague on this deal and felt this was an excellent and efficient business transaction all round.”

Will Torr, who acted for the purchaser, said: “We are really pleased to have secured this off market investment which will provide Bassi Properties with an unbroken 10 year lease to the excellent covenant of Screwfix. Thanks to Anthony for helping get this over the line given the uncertainty of the recent months.”

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