Kettering industrial site

News - 27/08/2024

LSH Secures multi-million pound sale of key Northamptonshire industrial site

The site was sold following an all-encompassing marketing campaign with significant interest.

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Our Capital Markets and Asset Advisory teams has successfully completed the multi-million-pound sale of the 143,818 sq ft former KNP Logistics warehouse in Kettering, Northamptonshire.

Strategically situated within a prime logistics hub in the East Midlands, this expansive site features three interconnected warehouses, two office configurations, a large steel portal-framed canopy, and additional undeveloped land. The property also benefits from environmentally friendly initiatives like LED lighting and rainwater harvesting.

The site is located just 7.5 miles east of Kettering town centre, offering convenient access to a wide range of amenities and is also strategically positioned near major transport links, such as the A14.

Significant interest was attracted during our targeted marketing campaign from a range of investors and owner occupiers.

Richard Durkin, Director at Lambert Smith Hampton, commented: “Following an all-encompassing marketing campaign which resulted in significant interest we were able to select a party in order to take the transaction forward which resulted in a positive outcome for our client.”

Lambert Smith Hampton acted on behalf of the Joint Administrators, Rajnesh Mittal and Nathan Jones of FRP Advisory.

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