Property description
- B8 Real Estate were instructed to dispose of this facility when it was vacated following the demise of the existing tenant T J Hughes who used the building as their UK HQ and distribution facility.
- After implementing a marketing campaign, we were able to secure a sale to property company, Parabola Investments, who purchased the building as a refurbishment opportunity.
- Parabola are now looking at a £2m reconfiguration/refurbishment project on the building with re-branding in order to re-position it in the market as a modern functional industrial/distribution facility that will be attractive to the occupier market.
- B8 Real Estate have been retained as on-going disposal agents by Parabola following the refurbishment programme.