PAI member Powell Lloyd has completed the sale of Mochdre Enterprise Park in Newtown, Powys on behalf of their client, Goldtique.
The property comprises 16 units providing a total of 57,485 sq ft (5,386 sq m) of industrial accommodation. The estate is the principle industrial estate in the region and is home to numerous national and local companies.
‘Investment in the multi-let industrial sector is currently witnessing a surge in activity. We have acted on 9 industrial investment sales and purchases this year across Wales and demand does not seem to be relenting’ commented James Sanders, Director at Powell Lloyd.
Mochdre Enterprise Park was purchased for £1.6m by a private client of Taylor Shaw Roberts in Shrewsbury.