28th June 2016
Property investor instructs Alder King to market newly-acquired office building
A private investor who recently acquired the freehold of a Stonehouse office building through property consultants Alder King has now instructed the firm to market the property for occupation.
403 Stonehouse Park is a modern, two storey office building with a floor area of 1,820 sq ft in an excellent location adjacent to Junction 13 of the M5. When Alder King, acting on behalf of The IFS Group, offered the property for sale last summer, it attracted significant interest and was subsequently acquired for a sum in excess of the £310,000 guide price.
The new landlord has now appointed Alder King to find occupiers.
John Hawkins, associate in Alder King’s Gloucester office, said: “Stonehouse Park is a fast-developing business location which has attracted a large number of high quality companies due to the area’s well-established infrastructure, excellent communications and skilled workforce.
“403 Stonehouse Park was built around 10 years ago and provides attractive, predominantly open-plan office accommodation. The acquisition and now a letting strategy demonstrates great confidence in this well-established popular office park.”
More information about the property is available through Alder King’s Gloucester office on 01452 623290 or via www.alderking.com/property-search