Deal completed for Muller England's former Cleobury Mortimer premises
Refrigeration manufacturer Coldco Group has completed the purchase of Muller England’s substantial former premises in Cleobury Mortimer.
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The new owners have snapped up the large detached factory/warehouse unit in the south-east Shropshire town.
Offers in the region of £1.2 million had been invited for the Ludlow Road property by Towler Shaw Roberts.
TSR’s Toby Shaw, who handled the sale, said: “TSR has been involved with Muller England for number of years and has a long-standing involvement with the property.
“Following Muller England’s decision to relocate its manufacturing operation to its West Midlands facility, there was a good level of interest when this substantial property became available.
“The property attracted wide interest from owner occupiers, investors and developers, demonstrating the continued strong demand for commercial/industrial properties in the area.
“We are pleased to have successfully concluded a sale to Coldco Group, with the company intending to use the property as a distribution facility to serve the wider West Midlands conurbation.”
The Cleobury Mortimer property extends to 36,345 sq ft on a total site area of more than two acres and comprises a large manufacturing facility, with integral offices, mezzanine storage and welfare facilities.
The property also benefits from a spacious secure yard with loading facilities and separate on-site car parking, offering 24 hour access.
Coldco Group, whose headquarters are in Sheffield, is a leading provider of refrigeration and heating, ventilation and air conditioning services.
The company specialise in the design, installation and maintenance of cooling systems for commercial and industrial clients.