ACQUIRED! FHP SOURCE NEW BASE FOR HYDRO SYSTEMS UK LIMITED

Industrial/Warehouse News

Acting on behalf of Hydro Systems UK Limited, Tim Gilbertson of FHP has successfully located and negotiated terms on their new base at Trent Lane, Castle Donington.

Given the brief by Hydro to try and find appropriate warehouse and office accommodation within a corridor stretching between the M1 at Junction 23 and Derby, an extensive and exhaustive search was undertaken in order to review and profile potential opportunities.

Eventually, refurbished good quality space in Castle Donington was sourced and a deal quickly agreed.

Now well ensconced in their new base, the new premises will serve Hydro well in their expansion as they continue their work in the East Midlands. 

Tim Gilbertson commented:

“Whilst the lack of demand in the commercial property sector has been well documented over the last few years, what has surprised a number of potential owners or tenants is the lack of good quality space on the market.  There has been little or no new development in recent times, stifling the supply of space to the market and when tasked with an acquisition role such as that recently undertaken for Hydro, opportunities have always been hard to find.

However, after offering both on and off market opportunities to our clients they eventually settled upon the right building for them in Castle Donington which met their key criteria of having a good office content together with well presented warehouse space and most pertinently with a large secure yard. 

The deal agreed should serve Hydro well for the future and enable them to continue their local success story and expansion in the future. 

We wish them well in their new base.”

For further information on the deal or to see how FHP can help you with the sale, letting or indeed acquisition of any commercial property then please give the team a call on 0115 9507577.