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Run of freehold disposals continues with sale of Stukeley Meadows industrial unit

11/01/2021

News

Run of freehold disposals continues with sale of Stukeley Meadows industrial unit

The Huntingdon office of Barker Storey Matthews - now part of Eddisons - has confirmed the freehold sale of an industrial unit on the Stukeley Meadows Industrial Estate in the town to Playfords Ltd, a building services and engineering contractor.

Unit 18 Blackstone Road is a two storey, 496.25 sq m (5,341 sq ft), semi-detached industrial unit with production, storage and office accommodation and is Playford Ltd’s new premises where it will begin trading before the end of the year (2019) on its relocation from another unit on the Stukeley Meadows Industrial Estate where it has been since 2014.

Playfords Ltd - whose other locations are in Durham and Dartford - has purchased Unit 18 Blackstone Road following the review of its commercial accommodation requirements, prompted by the change in working practices in its sector where operational teams work on-site with clients on long term project contracts rather than service clients’ needs remotely from a central office.

According to Barker Storey Matthews now part of Eddisons, who was the sole agent instructed in the sale of Unit 18, Playfords Ltd wanted to remain on the Stukeley Meadows business district given the estate’s proximity to the A14 and A1(M) and onward road links across the country.

While the final sale price achieved is not disclosed, Richard Adam of Barker Storey Matthews confirmed that Unit 18 Blackstone Road was marketed for sale with a guide price of £480,000.

He added, “This latest sale continues the run of freehold disposals in Huntingdon which companies in a position to purchase, such as Playfords Ltd, favour - subject to the availability of stock in the right location."

For more information on the availability of industrial premises for sale or to let in the Huntingdon area, contact Richard Adam at Barker Storey Matthews now part of Eddisons, tel 01480 451578 or see bsm.uk.com.

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