LM Acquires Sutton Trade Park for Clipstone

December 15, 2020

LM advise Clipstone on the purchase of Sutton Trade Park for £11.3m on an off-market basis.

The asset provides a high quality trade counter investment within a built up urban London suburb on a large site of 2.21 acre and has a site coverage of 37%.

It is let to Wickes, Tool Station, Benchmark and City Plumbling.

There is strong investor and occupational demand and this is a segment of the market which is seeing strong rental and capital value growth. This is a trend which we expect to continue and therefore provide strong reversionary potential

James Cogavin - Director, Lunson Mitchenall

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