The Berry Group has acquired a former site in Croydon where it will open a state-of-the-art BMW bodyshop.
Located at 8 Imperial Way, the 17,598 sq ft site was sold by SHW on behalf of an institutional landlord.
Wayne Berry, Group CEO of Berry Group said “The purchase of this property allows us to continue our growth trajectory in the South London conurbations and provides us additional facilities for our fast growing BMW franchise.”
Alex Gale, Senior Partner at SHW, said: “The property – sold with vacant possession – was well positioned to provide options for a variety of occupiers to acquire either leasehold or freehold, and included planning for a change of use and or division of the site.
“We are delighted to have secured the sale to an operator who will capitalise on the strong, visible location, joining a well-established list of occupiers in the area such as Toyota, Lexus, MG, Mazda and Ancaster group.”