DETACHED INDUSTRIAL/ WAREHOUSE UNIT WITH LARGE SECURE REAR YARD SOLD IN BINGHAM, NOTTINGHAM

Industrial/Warehouse News

FHP are delighted to announce the sale of a 613.3m (6,601ft²) industrial unit on the established Moorbridge Road Industrial Estate in Bingham, Nottingham.  This was a long leasehold (999 years from 1989, a virtual freehold) detached industrial/warehouse unit with two storey offices to the front elevation with car park to the front and large secure rear yard.

The former owner occupier had replaced the roof of the property and the general condition of the property was excellent with the property having been well maintained and cared for.  This unit has great access to the A46 and is located in close proximity to Nottingham, Newark, Grantham and Leicester.

Anthony Barrowcliffe of FHP commented:

“The marketing of this unit was launched on 18 October 2024, I received numerous bids on this instruction and a cash buyer was found in excess of the asking price with the sale completing on 19 December 2024 – 2 months after the marketing commenced.  This was a fantastic result and shows how quickly the process can be with a motivated buyer and a motivated seller.  The building had all the correct fundamentals, was well maintained and looked after and was in a great location.    

I look forward to bringing more instructions such as this to the market which is starved of freehold industrial stock, so keep in touch and watch this space!” 

For further information on this transaction or other available units on the market, please contact Anthony Barrowcliffe of FHP on 07557 972008 / anthony@fhp.co.uk.