Palm, Court, Nottingham, Estate, Industrial

04/12/2019

LSH sells prominent Nottingham industrial development

Lambert Smith Hampton (LSH) has sold a popular industrial estate just outside Nottingham on behalf of Henfield Investments Ltd.

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Palm Court is a 25,616 sq ft multi-let industrial and trade counter development with ten units currently fully let to a range of national and regional tenants. 
It presents strong asset management possibilities through upcoming lease events.

The development lies within an established industrial location three miles north of Nottingham city centre with good access to the A610, the outer and inner ring roads and public transport links.
The East Midlands industrial market is currently experiencing a surge in interest due to the area’s excellent road and rail links.

Raman Sharma, Commercial Surveyor at Lambert Smith Hampton, said
“From the outset, we encountered very strong interest in Palm Court, which is testament to the ever-increasing demand for property in the industrial sector. Despite the uncertainties surrounding the UK economy, the industrial and logistics sector in the East Midlands remains very active as investors are attracted to the robust occupational market. We are pleased to have secured this sale which represents a positive outcome for both seller and purchaser.”
 

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