South Wales industrial market - big shed review

5 March 2020
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South Wales industrial market - units of 50,000 sq ft +

“Demand is strong, but the supply’s not there, so some aspirational occupiers are taking matters into their own hands…”

Tim Lawley, Associate Director with Cooke & Arkwright's Business Space team shares his views on how the big-shed industrial market is performing in South Wales.

The disposal of 120,000 square feet on the Heads of the Valleys Industrial Estate was a particularly satisfying task. The building had been rebuilt following fire damage, and Jeremy Symons and his team were successful in identifying a nearby purchaser looking to expand. The sale price, at £4,000,000, represented a record sale price for a property of this nature in the area, and with great tenacity and endeavour was completed in a timely fashion. An excellent result.

Richard Hayward, Richard Hayward Properties