Andrew Dixon & Company, acting jointly with Allsops LLP, is pleased to announce the investment sale of Kelsall House - a modern, detached office building extending to 24,732 square feet on a site of 1.16 acres on the established Stafford Park business estate in Telford. The building is fully let to Reconomy UK Limited on a lease expiring in 2035, and was sold off an asking price of £2.2 million to a foreign based investor.
Nicholas Dixon, who handled the the transaction, commented "We quickly put together a target list of investors and received offers culminating in a best bids scenario, with the foremost party exchanging contracts in 21 days. Our client was also very pleased with the widespread marketing campaign collated with Allsops and with the eventual sale price confirming that Telford is an attractive proposition for investors."
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