Precision Engineering Plastics industrial acquisition

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Gilmartin Ley acted for Precision Engineering Plastics in the acquisition of a 21,500 sq ft industrial unit.

Gilmartin Ley's role included sourcing the property, negotiating the terms of the acquisition with the seller's agent and dealing with an application for changing the planning use from warehouse (B8) to general industrial (B2).

Precision Engineering Plastics acquired the freehold interest in 1063 Mollison Avenue, Enfield for just under £2 million for their own occupation in September 2010.