WADHAM & ISHERWOOD - HAMPSHIRE - SITE SALE
BOBBY'S FOODS ACQUIRES DISTRIBUTION SITE AT VIKING PARK, BORDON
Viking Property Holdings, advised by Wadham & Isherwood Farnham, has sold a development plot at Viking Park, the 12-acre (4.86-hectare) business, retail and leisure development in Bordon, to Bobby's Food plc of Bromsgrove.
Bobby's Foods, which distributes a variety of snack foods, confectionery and cakes to retailers throughout the UK, has acquired the site to develop a new distribution property of around 6,000 Sq Ft (557 Sq M) - bringing new employment opportunities to the area.
Clive Baker of Bobby's Foods comments: "Bordon's location close to the A3, A31 and the motorway network makes it a great location for a distribution operation and the new facility will allow us to provide our customers across the region with a highly efficient service."
As part of the transaction, Viking Property Holdings will complete the site's infrastructure, allowing further development at the scheme by making other fully serviced sites available with immediate effect. The completion of these infrastructure works is expected this Autumn.
The transaction with Bobby's Foods follows the earlier sale to Marstons Inns & Taverns Brewery of the public house fronting the Petersfield Road (A325).
Commercial property consultant Geoff Reeve, of Wadham & Isherwood Farnham, says: "This latest transaction and the completion of the site's infrastructure will see Viking Park become one of the area's most important commercial locations - providing businesses with the opportunity to design and build bespoke properties that meet their occupational needs.
"Discussions are currently in hand regarding the sale of two other plots, totalling around 2.5-acres, to companies looking to locate to Viking Park - which is excellent news for the local business community" he adds.
The remaining plots at Viking Park are available at a quoting price of £750,000 per acre. Further information is available from Wadham & Isherwood Farnham.
-ends-
For further information please contact:
Geoff Reeve, Wadham & Isherwood Farnham Tel: 01252 710822
www.wadhamandisherwood.co.uk
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