Kent industrial estate proves popular with occupiers

Kent industrial estate proves popular with occupiers

Acting on behalf of Charter Land & Estates, our Business Space Agency team has completed the sale of three industrial/warehouse units totalling over 25,000 sq ft in Northfleet, Kent, for an undisclosed sum.

Located on Lower Road, the estate is strategically located with excellent access to the A2 and M25 and comprises four adjacent buildings which have all been refurbished with new facilities and office space. Now, three of the units have been sold with freehold to gym operator MCS, investor Beachstaple Ltd, and Jackson Lifts.

Ivan Scott, Divisional Partner, said: “This newly refurbished development of industrial/warehouse units received a lot of enquiries as a result of us being able to offer good quality second-hand units on a freehold basis at a sensible discount to new build. This, combined with a lack of similar opportunities locally, prevailing low borrowing rates and good prospects for capital growth mean this type of opportunity remains a popular choice for occupiers.”

Glenny acted as sole agent and is in the final stages of marketing the last available unit which is now under offer.

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