Businesses snap up Kenn industrial units

PUBLISHED: 11:00 01 December 2015

Stewart Auty from developers, Uphold Limited, and Martin Corkish from Corkish Construction.

Stewart Auty from developers, Uphold Limited, and Martin Corkish from Corkish Construction.

Supplied

Three new industrial units at a business park in Kenn have been sold prior to completion, showing a ‘pent-up demand’ for business space in the area.

The units, which started to be built in June, have already been snapped up by three businesses and work on a second phase of the development is expected to be completed in mid-2016 when three more units will be constructed.

Malcolm Gunter, director of marketing agents Williams Gunter Hardwick, said: “The speed with which the units were purchased demonstrates just how much pent-up demand there is locally for well-configured smaller industrial units available on a freehold basis.

“We have already received enquiries for the next phase, where asking prices will be approximately £125 per square metre.”


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