Rare freehold disposal completes at Eurotrade Industrial Estate

Rare freehold disposal completes at Eurotrade Industrial Estate

Acting as sole agents, Glenny’s Business Space Agency team has sold the freehold of a 11,880 sq ft industrial/warehouse unit at the Eurotrade Industrial Estate in Belvedere, Kent for £1,600,000 million.

Sold on behalf of The Courthouse Property Unit Trust to JM Clark Roadsweepers, Unit 1 comprises an end terrace industrial/warehouse unit of steel frame designed with brick and profile steel elevations under a shallow pitched roof. Internally, the main warehouse features a mezzanine floor providing an additional 3,596 sq ft which can be removed in required. It also benefits from a two-storey amenity block which at ground level offers offices, WCs, and staff breakout area, while first floor is fitted out to offer additional office and storage space, together with further storage at first floor.

Ivan Scott, Divisional Partner at Glenny commented: “This sale underpins the continued strength of the freehold owner occupier market. The area remains under supplied with freehold buildings and values continuing to rise as a consequence.”

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