Wellington Freehold – Sold to Private Investor

Unit 8E Castle Road, Chelston Business Park, Wellington has been sold to a private investor off an asking price of £332,500. The property comprised 2,068 sq.ft. of ground floor and 1,706 sq.ft. mezzanine level in one of the early development at this location. There was significant interest with several competing offers received from both owner occupiers and private investors.

The existing tenant Flue & Ducting are planning a relocation of their business to larger premises within the locality. The level of interest shows freehold levels in the region of £150 p.s.f. for 2nd hand space.