Hotchkiss Group Ltd advised by SHW, has sold the freehold investment in the Fire Protection Building, Chaucer Business Park, Dittons Road, Polegate, East Sussex to a private property company.
The property comprises a single storey industrial premises totalling 20,020 sq ft, with offices and ancillary workshop and storage space on a site of c.1.1 acres.
Martin Clark, Partner at SHW, comments: “Through our network of contacts we were able to market this property widely and we generated 10 bids. Industrial property is seeing strong rental growth and investor demand, and this was apparent in the competitive nature of the final bidding process.”