The property is situated in the heart of Brimsdown Industrial Estate on the east side of Enfield. It is towards the northern end of a large industrial area stetching down through the Lee Valley, known as the North East London Industrial Corridor.
This area is constantly developing and improving. Major occupiers include Coca Cola, Warburton, Makro, Matalan, Excel and Pickfords.
Buttle plc approached us to negotiate the purchase of this substantial builders merchant property in Mollison Avenue, Enfield EN3.
The building was already being occupied on the basis of a licence by Buttle plc and they wanted to acquire the freehold interest.
Gilmartin Ley negotiated the purchase of the freehold interest for £2.55 million without the property being exposed to the market.
The purchase completed in January 2010.