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Tuesday, 20 April 2021

NG sells prime Nottingham manufacturing premises in off-market deal

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Commercial property specialists NG Chartered Surveyors have completed an off-market deal to sell the offices of a groundbreaking Nottingham manufacturing firm.

Acting on behalf of the Kasca Trust, NG Chartered Surveyors have sold 1-3 Genesis Park to private pension fund clients of FHP.

The 7,500 sq ft properties are located on Midlands Close in Radford, Nottingham, and has been sold for an undisclosed sum.

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Current tenants at the units are Promethean Particles, world leaders in design, development and manufacture of inorganic nanoparticle dispersion. The firm recently won the prestigious Medilink East Midlands Business Awards 2017.

Richard Sutton, director at NG Chartered Surveyors, said: “This off-market deal is another example of how our market knowledge can help bring forward a quick, uncomplicated deal.

“As soon as we were instructed to market 1-3 Genesis Park I knew we had a great product and in the current market opportunities like this are few and far between.

“It was great to work with Noel Roper at FHP to get this deal done quickly and discreetly. This is the latest in a series of deals we’ve worked on together – the NG team looks forward to many more.”