Industrial/Warehouse News

FHP are delighted to have completed on the sale of Unit 17 Maisies Way, South Normanton to an owner occupier known as Secur-It. The property comprised 8,289ft² of self-contained office accommodation situated across two floors offering a mixture of open plan and cellular floorplates throughout the property. Situated just off Junction 28 of the M1 Motorway, the property provides excellent connectivity and Mansfield Town Centre within a short distance drive.

Maisies Way is an office development scheme with a variety of sizes available with self-contained access and ample parking. The Village is within a few minutes’ drive of East Midlands Designer Outlet and Castlewood Business Park which anchors a variety of national and regional occupiers providing over 1.5 million sq. ft. of distribution and production space.

Amy Howard, Surveyor at FHP Property Consultants commented:

“It was a great result to get this over the line for my client and secure a strong price on the property. Unit 17 had been on the market for some time and even though we explored several marketing options such as leasehold / freehold disposal and renting individual floors, interest was slow. Secur-It were after a good level of office space near J28, and this property seemed perfect for their requirement. After the initial viewing, it was clear the property was suitable for them and we were under offer within a short timeframe following on from this.

The property highlighted the difficulty we face within the office market, especially on larger floor plate within out-of-town office locations. It is evident that marketing is essential in the disposal of these types of properties and exploring all options available to secure a tenant / purchaser. After the initial interest was slow on the rental side, it emphasized the push for a purchaser, especially given the vacancy period my client was facing.

I am delighted to have got this over the line and welcome Secur-It onto Maisies Way, they will be a great asset to the estate and I wish them all the best in their next endeavours.”

Our retained client, commented:

“The process from initial marketing through to the successful sale of the unit, was handled in a very efficient and professional manner by FHP. We are extremely pleased with the result in what is clearly a challenging marketplace in the office sector.

My special thanks to Amy for her tenacity and enthusiasm throughout the process, the regular updates of the marketing and enquiries was reassuring to see the unit was being handled well. We would highly recommend FHP for their professionalism and personal approach throughout.”

If you are looking to dispose of your current office premises, either on a leasehold or freehold basis and are seeking further advice on this. Or you have adapted to the working from home approach and no longer require all your office space and wish to explore your options available. Please feel free to call me on 07887 787894 or alternatively you can email on amy.howard@fhp.co.uk.

ENDS

Amy Howard

20 June 2024

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