On behalf of Ellis Campbell Group Wadham & Isherwood in conjunction with Lambert Smith Hampton have negotiated the sale of a further site on the Coxbridge Business Park which is located on the A31 just outside Farnham.
This latest sale was of a 1.5 acre site, the purchasers being Travis Perkins who paid a freehold price that reflected over £650,000 per acre. The site has been acquired by Travis Perkins to relocate their existing builders merchants in West Street, Farnham and a planning application is expected to be submitted within the next few months.
The sale to Travis Perkins follows on from recent site sales to Marshgate Developments and Wernick & Sons. The Marshgate purchase was to facilitate the relocation of Carlin Motorsport, their 20,000 sq.ft. industrial unit being completed early in 2011.
Currently on the Business Park there are only two sites remaining, one of 0.5 acres and the other of 0.75 acres, the latter site having the benefit of planning approval for a 15,000 sq.ft. industrial unit.
For further information regarding the remaining land available contact Chris Lock of Wadham & Isherwood or Charles Wood of Lambert Smith Hampton