FHP complete two excellent freehold sales in Colwick

FHP have announced the sale of both the former Nottingham Powder Coating Premises and the Former Dredging Tip Site both located on Private Road No.4, Colwick, Nottingham.

The Former Nottingham Powder Coating Premises totals 14,794ft² and was situated on a 0.88 acre plot. The site was sold to Grover Brothers (UK) Limited whose plans are to redevelop the property to create a multi let estate/asset.

The Former Dredging Tip Site which sold off market and totals 2.23 acres, was located at the end of Private Road No.4 and was purchased by Bio Dynamic UK Limited, an existing occupier of Private Road No.4 with ambitious future growth plans.

Both of these sales demonstrate the strength of the Colwick industrial market and that there is still a huge appetite within the market for freehold opportunities whether they be from owner occupiers wanting to expand and grow their business or investors.

Anthony Barrowcliffe who acted for the vendors in both sales commented:

“We have some excellent opportunities currently in the Colwick area offering a variety of different options. In particular the very exciting Armitage Business Park which is being redeveloped by Ivygrove to create a multi let estate and is due to practically complete in April 2024. We also have various options from Radford Holdings on Private Road No.2 and the prestigious Colwick Gateway development from Chancery Gate.”