Clearwater sold to Shields

 

Clearwater International Group have completed the sale of their 6.7acre Clearwater Business Park to Shield Properties Ltd who will occupy the site themselves. The property comprises 3 detached blocks of industrial / warehouse and office accommodation extending to 20,000sqft of which 6,127sqft are let to RMI Academy on a 10 years lease from December 2015 at £35,985pa. The site has consent for a further 15,000sqft of new build accommodation with further development potential. Boston Fieldgate acted as joint agents on the disposal buildings and the price achieved was close to the asking price of £2.5m

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