Industrial/Warehouse News

Acting on behalf of private client, FHP Property Consultants have sold an end terrace industrial/office property at Ascot Business Park. Comprising just under 3,000ft² of high quality space including offices at both ground and first floor level, storage and on-site parking, interest in the property was good with multiple offers being received.

The sale was concluded to expanding local business, Bailey Construction, a family run business with a wealth of experience in the building and construction industry.

Tim Richardson from FHP Property Consultants comments: –

“The properties on this estate always prove popular and we have recently placed another building on the market nearby, slightly larger at 3,400ft² and offered for sale at a guide price of £305,000. These buildings are achieving around £90 per ft², so trade at a discount to new build and are fully fitted with office, heating, lighting, data cabling, cctv and the like. In spite of some uncertainty over Brexit, most businesses are taking a long-term view and with a shortage of suitable properties the sector will remain resilient.”

If you are looking for premises, or wish to have a discussion about options then please contact Tim Richardson at FHP Property Consultants on 01332 224 857 or email timr@fhp.co.uk.

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