KBW has successfully facilitated the sale of 1-6 Shannon Point in Tewkesbury, a prime industrial site comprising circa 22,000 sq ft. The deal was concluded off-market at the end of the year, thanks to the timely and efficient efforts of KBW’s agency team, who brought together a proactive investor and seller, creating a mutually beneficial outcome for both parties.
Shannon Point was fully let to four separate tenants at the time of the sale. This multi-let investment opportunity provided high-quality units with consistently good rental demand, making it an attractive proposition for potential buyers. The multi-let site had been looked after by KBW’s commercial agency team for several years, with the team involved in completing new lettings, lease renewals, and rent reviews on behalf of the previous owner, Cheltine Ltd.
The new owners, Kinver Capital, are set to take the reins of the estate, already ensuring a smooth transition in ownership. The transaction marks another notable achievement for KBW’s commercial agency team, known for their hard work, efficiency, and ability to deliver results.
Richard Knightley’s deep understanding of the market and proactive approach were pivotal in bringing the right buyer to the table at just the right time. His ability to efficiently match investors with quality opportunities is a hallmark of KBW’s reputation in the local commercial real estate sector.
“At KBW, we pride ourselves on our ability to work efficiently and effectively for both buyers and sellers,” said Richard. “Being able to complete this sale just in time to close out 2024 was a great way to end the year, and we are thrilled to have facilitated such a positive outcome for everyone involved.”
KBW’s commercial agency team continues to demonstrate its strength in the market with a reputation for being highly experienced. As the property market continues to evolve, KBW remains a trusted and well respected firm locally.
For more information on commercial properties or enquiries about KBW’s services, please contact our team today.
