27,537 sq ft industrial unit in Newark sold

FHP have announced the sale of Brunel House in Newark, a 27,537ft² unit situated on a 2.65 acre site, to local occupier Onebigstar (Holdings) Limited. This sale 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 commented:

“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’ growth and secure their future.”

Edward Jeffery of Rotherhill commented:

“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.”