Sale of Former Rea Valley Tractors Site in Newport, Shropshire

Andrew Dixon & Company reports the sale of a substantial commercial site on Audley Avenue Industrial Estate in Newport to Beyond Strorage Group, which will serve as a new branch location for the company's self-storage business.  The property is a self-contained site, which was formerly occupied by Rea Valley Tractors, who have recently closed their Newport depot as part of continued efforts to strengthen and optimise their operations across Shropshire and Staffordshire.

The site was sold with vacant possession, presenting the opportunity for a purchaser to acquire a versatile industrial facility with retail/trade counter on a self-contained site of circa 0.78 acres (0.32 hectares).  The accommodation is arranged in two adjoining industrial buildings extending in total to approximately 9,949 square feet (924 square metres), complete with a large open storage/service and sales yard to the front of the site.

Nathan Fern, who handled the negotiations, commented "This site offered an opportunity to acquire a freehold industrial premises with significant retail/trade counter potential in a popular location amongst many other national occupiers such as Howdens, Screwfix, Aldi and McDonalds.  The property generated a good deal of interest and a sale was agreed in the early stages of marketing."

21/05/2025

Acquisition of Prestigious Office Building in Shrewsbury

Andrew Dixon & Company report the acquisition of Belmont House on Shrewsbury Business Park - a prestigious two-storey Headquarters office building extending to approximately 14,643 square feet.

Alex Smith, who handled the acquisition, commented "We acted on behalf of a private investor who recognised the high quality nature of the property and moved forward with a swift acquisition to complement the client's growing portfolio."

09/05/2025

Sale of Substantial Multi-let Investment on Hortonwood 30

Andrew Dixon & Company are delighted to announce the sale of PR House on Hortonwood 30 in Telford - an industrial investment comprising a modern, multi-let warehouse premises with associated offices.  The property was offered on a freehold basis, subject to the existing occupational leases, and was sold following competitive bidding.

Alex Smith, who handled the sale with joint agent, Knight Frank, commented "This was a highly reversionary, multi-let investment, which attracted a significant amount of interest.  The sale was concluded in excess of the guide price of £4 million."

09/05/2025

Letting of Shropshire House, Hortonwood 1

Andrew Dixon & Company reports the letting of Shropshire House in Telford.  The property extends to approximately 42,000 square feet and provides prime industrial space on Hortonwood 1.

Alex Smith, who handled the transaction, commented "The letting was secured to a local occupier to facilitate their expansion plans.  The nature of the properyt and its low site coverage made it an attractive proposition for their growing business."

09/05/2025

Sale of Rea Valley Tractors Site at Ashacres Industrial Estate

Andew Dixon & Company reports the sale of Ashacres Industrial Estate at Draycott in the Clay, near Ashbourne, to a local private investor looking to expand their property portfolio.  Ashacres Industrial Estate is a self-contained site, which was formerly occupied by Rea Valley Tractors, who have recently acquired the trade and assets of Russells Cubley branch - a neighbouring New Hollands dealership on the Stafford/Derbyshire border.

Ashacres Industrial Estate was sold with vacant possession, offering the opportunity to acquire a modern and versatile industrial complex on a site of circa 2.298 acres (0.93 hectares).  The estate incorporates three detached commercial buildings extending in total to approximately 15,273 square feet (1,419 square metres), with an additional 3,238 square foot mezzanine.  The site is completed with a large concrete open storage/service yard to the front, together with stoned open storage and display car parking areas to the side and rear.

Nathan Fern, who handled the negotiations, commented "Freehold commercial sites such as Ashacres Industrial Estate are relatively sought after in the current market and we generated a good deal of interest in the property, with the eventual purchase price exceeding the £1.6 million asking price."

08/05/2025

Investment Sale - Stafford Park 12, Telford

Andrew Dixon & Company reports the sale of Warehouse B, Stafford Park 12, an industrial investment comprising a single let unit on a site extending to 1 acre.  The property was offered freehold, subject to the occupational lease, and was quickly sold after a short period of marketing to a local family investment company.

Nicholas Dixon, who handled the sale, commented "As an attractive lot size in a popular industrial area, the vendor wanted to realise his asset within a short timeframe, and we managed to conclude the sale at a figure in excess of the guide price of £1 million within two months.  Quality property such as this is popular as investors seek opportunities when there is little stock available".

16/01/2025