Investment News | 17 April 2023

Sale of retail units completes

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A deal has been completed for a terrace of retail units at a Derbyshire business park.

Acting on behalf of Clowes Developments, FHP Property Consultants has completed the investment sale of the terrace of our retail units at Forbes Park, in Long Eaton.

Once home to a manufacturing complex, the Forbes Park development was strategically executed and now boasts over 78,000 sq ft of industrial/retail accommodation featuring a host of regional and national occupiers.

Ellis Cullen, from FHP, said: “It has been a pleasure to act on Clowes behalf to find a purchaser for the retail element of the site.

“Following a good period of marketing the scheme, we were able to identify the right buyer to sweep up the last remaining freehold availability at Forbes Park.

“We’re also thrilled to confirm we have been retained by the new freeholder to find suitable tenants for the remaining three units that are vacant, with one already under offer to a national occupier.”

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