Hurst Warne advise BauMont Real Estate Capital with operating partner Marchmont Investment Management on the acquisition of a prime 79,000 sq ft distribution warehouse HQ at J4 of the M3, Camberley, Surrey.
Marchmont Investment Management Ltd, advised by Hurst Warne, has acquired the freehold of a vacant 79,000 sq ft distribution and headquarters building in Stanhope Road, Camberley. The building is located on a prime site in a well-connected logistics area only a few minutes from J4 of the M3 Motorway. The property is to be rebranded as AccessM3.
The building was acquired from STIHL GB and previously served as STIHL GB’s headquarters and distribution centre. The business has moved to a new purpose-built 170,000 sq ft HQ facility in Camberley.
James Rodwell of Marchmont stated, “We are excited to add this high-quality logistics asset to our portfolio, providing the opportunity to deliver a high-quality refurbishment into a supply starved market. The property represents our first deal with partner BauMont and we consider this to be an excellent first logistics asset in
their multi-sector portfolio.”
Harry Wentworth-Stanley, Investment Director at BauMont added, “This acquisition represents BauMont’s first in the industrial sector and aligns with our strategy to acquire existing assets with sound fundamentals,
capable of being repositioned to deliver future-proofed product. We are excited to be working with Marchmont, who have an experienced management team with an extensive track record in the sector. We are selectively pursuing further acquisitions in similarly well-located but supply-constrained locations, underpinned by strong
demand for high-quality, sustainable logistics space.”
Peter Richards of Hurst Warne commented, “We were delighted to work with and advise BauMont and Marchmont IM on their purchase of this prime distribution asset. The building and site offer great potential for refurbishment and repositioning to provide one of the very best warehouse /distribution buildings of this size for leasing in the M3 and M25 market sectors.”
“Offering superb access to the M3, we expect the building will attract tenant interest from not only the local/regional M3 corridor, but also from the ever-increasing demand from occupiers looking to move away from the Greater London region and southwest inner quadrant of M25 (LHR / upper M3 & M4 locations). As a
business across all of our regional offices we are receiving an ever-increasing level of demand from warehouse/distribution and manufacturing companies looking to relocate to more sensible and cost effective rental locations such as the M3 and Blackwater Valley conurbation” he added.
For further information contact peter.richards@hurstwarne.co.uk T/ 07803 078011
