NG Start 2016 with Blenheim Industrial Estate Deal
12th February 2016
Commercial property specialists from NG Chartered Surveyors have brokered a multimillion pound investment deal on one of Nottingham’s most popular business locations.
NG has advised a private client on the sale of a 34,000 sq ft unit on Blenheim Industrial Estate to clients of Birmingham-based niche investment agents Collingwood Rigby.
The unit is let to two tenants – Trent Aerospace and FPS Ltd who have been in occupation since the estate was originally built by Wilson Bowden in 2007.
NG and Collingwood Rigby have enjoyed a strong working relationship for nearly two decades and the Blenheim Industrial Estate deal is just one in a long line the two companies have done together.
Richard Sutton, director at NG Chartered Surveyors, said: “NG have had a really strong start to 2016 , and this latest deal is the first in a line of larger deals we are working on this year.
“The investment market in the East Midlands remains buoyant, and with more and more capital being invested in property in the regions we’re ideally placed to advise both vendors and purchasers. In this case, our client was extremely pleased with the deal, which was completed quickly and smoothly. We’d urge others who are looking to divest their property interests, as well as those looking to invest their money into commercial property, to get in touch.
The 60 acre Blenheim Industrial Estate is widely regarded as Nottingham’s premier industrial location given its proximity to both the city centre and J26 of the M1.