Moorfields successfully sell business park to Barwood Capital
Property Insolvency Specialists Moorfields Corporate Recovery have successfully sold Woodlands Business Park for £7.6million to Barwood Capital, a leading UK real estate investment and development business.
The office park at Linford Wood, MK14 is situated one mile north of central Milton Keynes and comprises ten buildings totalling 135,000 sq ft generating rental income of £675k pa with potential for an additional 150,000 sq ft of new office development.
Current occupiers include: Leica Microsystems Ltd, a world leader in providing innovative microscopy, camera and software solutions; Ipsos Retail Performance Ltd, the retail analytics specialists; Worksmart, the financial services’ software provider; and the White Clarke Group, a global first-class provider of automotive and asset finance software.
Simon Thomas, Joint Receiver commented:
“We are delighted to achieve the sale of Woodlands Business Park and attain such a significant increase in value after 2 years asset management. The commercial market has shown significant improvement over the past 6 months but site improvements and pro active marketing have been essential to increasing the value of this site.
For further enquiries please call Katie Smith on Tel: 0207 186 1143 or email firstname.lastname@example.org
Moorfields Corporate Recovery is one of the UK's leading independent firms of restructuring and insolvency specialists. Our highly skilled teams include restructuring professionals and licensed insolvency practitioners who provide leadership, experience and high quality advice to companies and their stakeholders in financially distressed situations.View all Our News