Two commercial units put on the market at a Merseyside business park have generated strong interest with one sold and the other set to go under offer
Two neighbouring commercial units in Newton-le-Willows have attracted significant demand after entering the market, with one already sold.
The pair of commercial units at Art Business Park on Sankey Valley Industrial Estate, both with existing long-term tenants, were listed for sale as investment properties by agents at Keppie Massie.
Unit two, which comprises 1,000 sq ft off Junction Lane in the town, has now been sold to private investors, while the larger unit one, measuring 1,700 sq ft, has seen “major interest” in recent weeks and is now expected to go under offer within days.
Tim Garnett, head of commercial at Keppie Massie, said the level of enquiries reflects the growing trend for occupiers and investors to seek high quality stock in good locations.
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He said: “There has been huge interest from potential buyers in the last remaining unit, particularly from investors and SIPPs, who see the long-term value of a quality product in an excellent location, connected to major local markets and the national transport network.
“This flight to quality is a clear trend and it offers encouragement in the wider market that superior developments such as Art Business Park will continue to maintain their appeal to the right buyers.”