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Sep 15 2014

Warehouse snapped up at Oakham Business Park

An industrial warehouse on one of North Nottinghamshire’s most prominent business parks has changed hands in a deal which illustrates the continuing high demand for top quality buildings.

Unit 2 Hamilton Place is a detached self-contained industrial warehouse unit on the Oakham Business Park in Mansfield. It extends to 24,542 sq ft. and was constructed seven years ago in a joint venture by leading developers Sladen Estates and Peveril Securities.

Sladen and Peveril have built a number of successful industrial and business developments in Nottinghamshire and Derbyshire and the Hamilton Place unit was sold on their behalf by FHP.

Commenting, Laura West of FHP said: “This is a high quality property in a desirable location. Sladen Estates and Peveril Securities have an enviable track record in delivering impressive developments in strategic locations and this building at Oakham Business Park is no exception.”

Matt Sladen of Sladen Estates added: ” As soon as we brought the unit to the market we were highly confident that we would quickly find a purchaser for the property. The unit attracted interest from day one and was soon under offer to the purchaser. We believe this demonstrates the demand in the market for good quality space which our new scheme nearby, Summit Park is strategically placed to satisfy.  Summit Park offers high quality industrial and warehouse premises ranging in size from 2,500 sq.ft. to 600,000 sq.ft. on a build to suit basis.

Oakham Business Park hosts a variety of businesses ranging from engineering to the i2 business incubator and is near to major road networks including the M1, A38 and the Mansfield-Ashfield relief route linking to the A1.

Scott Osbourne, from Innes England acted on behalf of the purchaser. He said: “Our client was keen to take this space which is close to the road network allowing great access in and our of the county.  There are few properties of this quality and size on the market.”

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