Genesis Park: NG Sells Prime Manufacturing Premises in Off-Market Deal
2nd May 2018
Commercial property specialists NG Chartered Surveyors have completed an off-market deal to sell the offices of a ground-breaking Nottingham manufacturing firm.
NG Chartered Surveyors acted on behalf of the Kasca Trust, selling 1-3 Genesis Park to private pension fund clients of FHP.
The 7,500 sq ft properties are located on Midlands Close in Radford, Nottingham, and have been sold for an undisclosed sum.
Promethean Particles are the current tenants at the units, and are world leaders in the design, development and manufacture of inorganic nanoparticle dispersion. Recently, the firm won the prestigious Medilink East Midlands Business Awards 2017.
Richard Sutton, director at NG Chartered Surveyors, said:
“This off-market deal is another example of how our market knowledge can help bring forward a quick, uncomplicated deal.
“As soon as we were instructed to market 1-3 Genesis Park, I knew we had a great product, and in the current market, opportunities like this are few and far between.
“It was great to work with Noel Roper at FHP to get this deal done quickly and discreetly. This is the latest in a series of deals we’ve worked on together – the NG team look forward to many more.”