Manston are delighted to announce the acquisition of units 16, 17a and 17b of the Bamfurlong Trade Park, Staverton, between Cheltenham and Gloucester. Comprising three newly re-furbished trade counter units of some 13,000 sq ft in total, alongside a secure compound yard – these represent a significant long-term acquisition for the firm.
Managing Director, Tom Boardman-Weston, said of the acquisition:
“These three units fit our acquisition strategy ideally – being modern, well-equipped and flexible, ample yard/car parking space, let to top-quality tenants and well placed in their local market. Against an increasingly uncertain macro-economic backdrop, these represent the type of solid, long-term investments which Manston seeks out.
“I see this as a long-term investment for our portfolio, a microcosm of the types of asset which appeal to Manston’s investment ethos, and look forward to long and productive partnership-driven relationships with Boels, Screwfix and Pace.
“I want to thank all those involved in assisting us in getting this purchase over the line in such a prompt and professional manner.”
Manston were advised on this transaction by Andy Price of AP Invest, Callum Kenny of Grovewest building surveyors, and Fiona Thompson-Butler, Rachael Briggs & Vik Moothia of Landsmiths solicitors.