Strong Interest Shown In Prime Gapton Hall Site

Published 28 August 2015

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A prime 1.5 acre site on Great Yarmouth’s Gapton Hall Industrial Estate has attracted strong interest within weeks of being offered for sale – confirming that the town is an attractive proposition for businesses in various sectors, according to the commercial property expert handling the sale.

The former Red 7 Marine base on Lefevre Way, which includes two modern warehouse units with a total of 16,849 sq ft of space including 2,000 sq ft of office space, is being offered for sale through Arnolds Keys – with the vendors already considering three separate offers since the property came onto the market in July.

“Although demand has dipped from the oil and gas sector, there is still a strong call for good quality industrial stock in Great Yarmouth,” said Craig Knights, partner at Arnolds Keys.  “We have seen this at Beacon Park, and we continue to see strong demand for good quality property in other locations around the town as well.”

The Lefevre Way property is particularly attractive to both owner-occupiers and investors, because as well as the two modern warehouse units, the 1.5 acre site has an extensive yard which could offer further development potential.

Red 7 Marine Offshore, which was based at the site, was wound down after the parent company, Red 7 Marine, went into administration in June.  The site is being sold on behalf of administrators EY.

Full details of the sale can be found at www.arnoldskeys.com, or by emailing craig.knights@arnoldskeys.com.  Arnolds Keys are joint agents for the site with BNP Paribas Real Estate.

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