Tunstall Trade Park, Stoke-on-Trent sold to Stenprop

London-based Stenprop have acquired Tunstall Trade Park, Stoke on Trent from Clowes Developments.

Marc Freeman, Director and Surveyor at Clowes Developments developed the site creating an estate that comprises of eight high-quality modern units totaling 56,500 sq ft.

Tunstall Trade Park boasts a diverse range of occupiers from trade counter retailers, self-storage units, and hi-tech manufacturing companies. The property benefits from its adjacency to the A50, a major arterial axis which has certainly added to the commercial interest in the site.

Following the lease of it’s final 30,000sq ft warehouse to technology repair and insurance business, Assurant, the fully occupied trade park has been sold.

Head of Investment, Will Lutton at Stenprop commented:

Leveraging our local market expertise and strong relationships, the well-let assets enhance the existing portfolio, whilst also offering potential that will be realised via our proprietary industrials.co.uk platform.

Clowes Developments wish the new owners and their tenants continued success during their tenure.