Industrial park acquired in multimillion-pound deal

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An eight-acre industrial park in Nottingham has been snapped up in a multimillion-pound deal completed by commercial property agent Innes England.

Bar Lane Industrial Park, located in Basford, features approximately 113,000 sq ft of industrial accommodation with more than 20 tenants in situ.   

The freehold opportunity eventually went to best bids and was secured by Meadow Lane Services Ltd.

Scott Osborne, director at Innes England, said: "We are really pleased to have got this substantial deal over the line.

"It is a sizeable deal with well-established industrial accommodation and is in the perfect location close to the city centre.

"We received a lot of interest early on due to the size and scale of the estate, but I am

 link source - Insider Media - Property

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