M4 Property Consultants Secure A Quick Result

With many deals across the commercial property industry taken in excess of 6 months following solicitors being instructed in the current market, M4 Property were delighted to recently take on the sale of an industrial unit in Bedwas, find a suitable buyer and complete the legal formalities, all within less than 3 months.

M4 Property consultants were instructed on an industrial for sale in Bedwas, Caerphilly in mid July. By undertaking a targeted marketing campaign and with our knowledge of active local buyers in the area, we were quickly able to obtain an number of offers. It was decided to proceed with a full asking price offer from a local business looking to expand and use the property themselves. As a cash buyer, we knew they could perform quickly.

Commenting on the deal, Dan Smith of M4 Property Consultants said “Many deals across the property industry and taking a significant amount of time at the moment. Possibly driven by some uncertainty in the wider economy, deals are often reported as taking over 6 months from the point of instructing solicitors. However, this deal proves this does not need to be the case.”

With a targeted market campaign and informal call for offers, the property quickly went under offer to a cash purchaser at full asking price. Once legals were instructed, Emma Penn of Hopkins Law did a great job on behalf of the vendors in keeping the transaction moving quickly and smoothly to a successful completion. Proof that deals can move quickly where both parties and their respective advisers work together and communicate regularly.

Dan continued “Demand for freehold industrial units for sale across south Wales remains strong. Our biggest issue is not having the industrial units available for sale”.