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Prospect Estates buys Victoria Square factory complex in Bodmin, Cornwall24th February 2014

Prospect Estates buys Victoria Square factory complex in Bodmin, Cornwall

Yorkshire based Prospect Estates has purchased the former MPG Printgroup Ltd factory complex in Victoria Square, Bodmin, Cornwall, from MPG Printgroup’s joint administrators, S Girling and D Gilbert, bringing renewed activity to the currently unoccupied site. Parker Capital represented the purchasers.

GVA’s industrial agency team in Bristol marketed and completed the disposal of the 3.7 acre property, which fronts Lostwithiel Road in Bodmin, on behalf of the administrators in less than six months.

The factory complex includes a Grade II listed former military barracks building, dating back to the 1890s, which is ideal for a conversion to alternative uses.

Following the completion of the sale, Simon Girling from the joint administrators said: “This is an important and substantial site in Bodmin and we’re delighted a sale has been achieved in the first year of the administration to bring greater certainty to the area.”

 


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