Bathroom suppliers pay £1.6m for new industrial unit

Hamilton Osborne King report that the bathroom suppliers, FIT Group Plc, paid £1,605,000 for a 25,000 sq ft industrial unit at Northwest Business Park. The company which incorporates Heritage Bathrooms, National Brass Instruments, Aqua Systems, Bathroom and Tiles and H&V Sales, has also bought an adjoining 0.6 acre site and a planning application is expected for a speculative office development. Gavin Butler of Hamilton Osborne King says that Park Developments has sold approximately 380,000 square feet of industrial space at Northwest Business Park. Only one unit of around 35,000 sq ft remains for sale at £3 million or rent of £265,000 per annum.