Materials handling equipment specialists ALTO make £1m investment in Honiton

Alto Handling have purchased the freehold of Diamond House, Reme Drive, Honiton, which was on the market at £1.15m. The unit comprised 1,063.28 sq.m. (11,445 sq.ft.) together with a extensive mezzanine level. Several offers were received for the freehold interest which came on the market after the linen company Elis withdrew from the site about 2 years ago.

Honiton has become an increasingly important employment destination for East Devon with several employment sites changing hands for improved values. Pepper Commercial are about to announce a new development of employments units which will be available in around 18 months time, either to lease or to buy.