fbpx

Industry News Centre

Autosmart Acquire Third Site to Increase Manufacturing Capacity

Autosmart has won a deal worth more than £5m for a former automotive site in Staffordshire.

Attwood Road 25006 1600779205

The freehold of unit 9 Attwood Road, a 60,000 sq ft warehouse on Burntwood Business Park, has been acquired by vehicle cleaning product company Autosmart International.

The property was placed on the market at the end of 2019, with commercial agents Harris Lamb being instructed by Charter Automotive to secure a buyer.

Andrew Groves said: “We placed the property on the market last year at a guide price of £4.9m, confident that we there would be a high number of enquiries, and further to receiving strong levels of interest, we invited best and final offers.

“It was a pleasure to work with both Charter Automotive and Autosmart on this transaction.

“There are very few modern freehold buildings currently available and the 1.8 acres of expansion land made this facility a very attractive and flexible building for future occupiers.”

Sophie Atkinson, Managing Director at Autosmart, added: “We were extremely pleased to have won the sealed bid to buy Attwood Road.

“It was a very fair process for the vendor, and nail biting for us. We like the Burntwood area, we bought a similar site nearby five years ago, and we have found the local community welcoming and a good source for local staff.

“Our franchisees’ sales growth into the UK and Northern Europe has meant that we needed more manufacturing capacity and we are planning to manufacture our detergent range at this site.”

Autosmart have opportunities to sell professional vehicle cleaning and hygiene products to the trade in the UK.  Be your own boss with Autosmart.  Click here for more info.

Attwood Road 25006 1600779205

The freehold of unit 9 Attwood Road, a 60,000 sq ft warehouse on Burntwood Business Park, has been acquired by vehicle cleaning product company Autosmart International.

The property was placed on the market at the end of 2019, with commercial agents Harris Lamb being instructed by Charter Automotive to secure a buyer.

Andrew Groves said: “We placed the property on the market last year at a guide price of £4.9m, confident that we there would be a high number of enquiries, and further to receiving strong levels of interest, we invited best and final offers.

“It was a pleasure to work with both Charter Automotive and Autosmart on this transaction.

“There are very few modern freehold buildings currently available and the 1.8 acres of expansion land made this facility a very attractive and flexible building for future occupiers.”

Sophie Atkinson, Managing Director at Autosmart, added: “We were extremely pleased to have won the sealed bid to buy Attwood Road.

“It was a very fair process for the vendor, and nail biting for us. We like the Burntwood area, we bought a similar site nearby five years ago, and we have found the local community welcoming and a good source for local staff.

“Our franchisees’ sales growth into the UK and Northern Europe has meant that we needed more manufacturing capacity and we are planning to manufacture our detergent range at this site.”

Autosmart have opportunities to sell professional vehicle cleaning and hygiene products to the trade in the UK.  Be your own boss with Autosmart.  Click here for more info.

Autosmart

Latest News

bfa Monthly Franchise Insights

Free franchising webinar

We use cookies to give you the best possible experience on our website. By continuing to browse this site, you give consent for cookies to be used. For more details, please read our Cookie Policy.