B3 LANGHAM PARK, CASTLE DONINGTON SOLD TO OWNER OCCUPIER


August 19, 2020

Industrial/Warehouse News

Castle Donington is a popular Industrial location with excellent connectivity to the M1 motorway, A50 and East Midlands Airport.  B3 Langham Park is situated off Trent Lane and provides high calibre warehouse/production space.  The property extends to approximately 5,101 ft2.

Darran Severn of FHP Property Consultants comments:

“Following an abortive sale, we placed the property back on the market in June and were able to agree a new sale within one week.  The property has been sold to an owner occupier at a price breaking back to approximately £93 per ft2.

There is currently good demand for freehold industrial/warehouse units between 1,000 ft2 and 5,000 ft2 in Castle Donington,  partly due to a lack of supply, but also due to strong demand from businesses who are currently renting and looking to benefit from owing their own premises.  As a result, I believe we could have sold this property three or four times.  If you are considering selling your warehouse property and would like some initial advice, then please do not hesitate to contact me”.

Matthew Wade of Musson Liggins, acting on behalf of private clients, commented:

“We were instructed to acquire a modern industrial freehold with good transport links for a new business venture.  The industrial market remains resilient in an ever-changing market and we were delighted to be able to secure the building in the face of stiff competition”.

For further information, please contact Darran Severn of FHP Property Consultants on 01332 343222 or darran@fhp.co.uk.

Darran Severn
Date: 19th August 2020

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Darran Severn

T: 07917 460 031

E: darran@fhp.co.uk

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