Investors snap up industrial premises at Stroudwater Business Park

Stroud Water Business Park

Bruton Knowles has completed the sale of Unit 3, The Brunel Centre at Stonehouse, Gloucestershire – an industrial unit extending to 11,400 sq ft.

The property has been purchased by Crown House Developments Ltd and a Worcester based investment and development company who are actively seeking new opportunities in the South West of the Country.

Whilst the ultimate purchase price was not disclosed, the asking price was £945,000.

Robert Smith from Bruton Knowles who handled the marketing confirmed:

“The property became available during July in what is normally a quiet period for property transactions, but interest was strong from day one.”

“The building attracted attention from both owner occupiers and investors that could see the potential for their business or letting to other occupiers.”

The property is well located within the business park and is on Junction 13 of the M5. Robert Smith added:

“Stroudwater Business Park remains a very attractive location for companies. It has seen speculative development in the recent past and also commitment by major occupiers who have designed and built their own premises including Muller, Schlumberger, and Delphi.”