ANOTHER BARDON SALE COMPLETES! FHP DISPOSE OF FURTHER PRIME WAREHOUSE SPACE JUST OFF J22, M1

Industrial/Warehouse News

As a result of the imminent relocation of established Leicestershire Wholesaler Marks Electrical, Tim Gilbertson of FHP is pleased to confirm the sale of their final former unit on Bardon Industrial Estate just off Junction 22 of the M1.

The deal completed is the fourth sale completed by Tim Gilbertson on behalf of Marks Electrical to facilitate their expansion and relocation to Scudamore Road in Leicester.

Tim Gilbertson commented:

“When tasked with the disposal of these four units by my client I was optimistic, given the lack of supply and the strength of demand that we could achieve strong prices and quick sales and pleasingly that proved to be the case in all four of the disposals.

Particularly pleasing was the timescales which we achieved which were directly in line with our clients ‘best case scenario’ and have helped his move to larger premises progress smoothly which has aided the ongoing expansion of his business.

It is always great to see a client after any disposal and receive his thanks for a job well done as particularly when not only have his price expectations been achieved and surpassed but also timescales for disposal have been hit as well.”

The building has been sold to Gary Lu for the expansion of his business and he commented:

“Many thanks to Tim Gilbertson at FHP for helping this deal progress quickly.  He was fantastic to deal with throughout and I cannot recommend his services enough.” 

Tim Gilbertson continues:

“These four deals all exemplify the state of the warehouse and industrial market throughout the East Midlands, demand is strengthening almost on a daily basis and supply is poor.  I have a number of parties looking for premises to buy or rent throughout the East Midlands ranging from as little as 5,000ft² all the way up to 150,000ft² and would be delighted to hear from any owners/landlords to discuss how we might be able to assist.  It is terrific to be able to provide a positive prognosis of the local industrial and warehouse property market particularly after achieving client’s goals on the recent sale of four buildings.

For further information or to see how Tim Gilbertson can help you please contact Tim on 0115 9507577 or tim@fhp.co.uk.