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Poole industrial building sold for £1.1 million

Key Property Investments, the joint venture between St Modwen Properties PLC and Salhia Real Estate Co., has sold a 1,533 sq m (16,500 sq ft) industrial building in Poole, Dorset for £1.1 million.

The Wood Group, a BMW dealership, has acquired the property at Discovery Court, Wallisdown Road, for a service centre.

KPI own Discovery Court which , in addition to the building sold to the Wood Group, incorporates 9,290 sq m (100,000 sq ft) of high specification office campus accommodation.

Vail Williams represented KPI and The Wood Group was represented by Hempton Franks.

For further information contact Anthony Baron of St Modwen on 020 7499 5666. Issued by Paul Raymer of Howle Chapman Raymer (0121-236-7771).