Craigard back on the acquisition trail
Craigard have made their first acquisition for some 18 months in securing Minster Court in Littlehampton – an industrial/warehousing scheme constructed in the 1980’s and comprising 10 Units totalling 34,000 sq.ft. It is very well located on the towns ring road and only a couple of miles south of the main M27/A27 South Coast link road.
There are four vacant Units of about 3000 sq ft each which Craigard hope to let or sell. The opportunity has been given to existing tenants to buy a long leasehold interest which has been well received.
Already the estate has been given something of a facelift with new signage and planting.
Paul Foster, Managing Partner of Craigard Investments, said “It is refreshing to be back in the market after such a sustained period of economic uncertainty. We believe Minster Court is an astute acquisition that will prove to be very successful over the next few years”.
Drivers Jonas acted for Craigard.
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