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Case Studies

Athena, Agency Disposal - Gloucester

Following a decision by GAMBRO BCT to rationalise their UK operation, ASH & Co were instructed to dispose of their high quality manufacturing facility. This was 40,000 sq ft and had been extensively adapted by GAMBRO with specalist Athenaclean rooms. With this in mind The marketing was specifically tailored to target  companies that may have had a need for this type of building. In addition particulars were extensively mailed to Gloucestershire Companies, major property agents within the region and all conatcts on our extensive database.

A considerable level of interest was received from a range of parties and after some careful selection the property was sold to an investor and simultaneously let to Toyota Handling Ltd.

This transaction was complex and invloved the co-ordination of several interested parties including their respective legal advisers. The matter was further compounded by the fact that Toyota needed early access. This was successfully achieved and Toyota have now taken occupation, having relocated from elsewhere in Gloucester.

The building was on the market for £3 million.

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News

ST MODWEN SIGNS DOWNTON AS MAJOR OCCUPIER AT GLOUCESTER  SCHEME

A 102,000 sq ft distribution warehouse  is to be developed by St Modwen at Quedgeley West Business Park, Gloucester, to store Dyson vacuum cleaners.

Proposed New Facility for CM Downton

CM Downton, has reached agreement with St Modwen to purchase the building which will amalgamate two of the firm’s existing warehouses in the region. The new warehouse will be built within half a mile of Downton’s head office in Moreton Valance which employs over 400 staff.

ASH & Co act jointly with DTZ on the scheme.

 

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