Acting on behalf of a Yorkshire based Property Company we have successfully purchased the Bilsthorpe Business Park Nottinghamshire from Harworth Estates Ltd. Harworth were represented by Fisher German.
The park offered an interesting mix of small industrial estate, Long let secure Government backed income, Renewable sites, commercial development sites and over 250 acres of farmland and fishing lakes.
The long income was sold on acquisition and the intention is to develop the commercial land and add to the commercial assets. The farmland and lakes will be further invested to further enhance their environmental properties.
Ben Flint from Fisher German who acted for the vendor commented “Fisher German are delighted to have secured a sale of the property which sold for £4.6m as a whole, working closely with fellow PAI members BHT who acted for the purchaser of the majority of the site. It was a pleasure working with Mathew Halliwell to get the transaction over the finish line and I look forward to doing more in the future.”
