2nd November 2022
Avonmouth open storage site sold
Agency & Commercial Development
Acting on behalf of a private investor, property consultants Alder King have sold a rare freehold site in Avonmouth to the adjoining landowner.
Located off St Andrews Road along a privately owned estate road, the 0.27 acre site is a concrete surfaced yard secured by palisade fencing and double gates. It has planning consent for open storage.
Emma Smith of Alder King’s industrial agency team said: “Freehold open sites like this are increasingly scarce, particularly in Avonmouth, and command very strong interest. We received a number of bids for the site and finalised the sale in a matter of weeks for a price in excess of the £300,000 guide price.”
Henry de Teissier of JLL represented the purchaser. He said: “The site is the ideal addition to our client’s holding at St Andrews Road. Freehold open storage yards are a rarity in the current market, so to conclude this transaction in record time was an excellent result for all involved.”