{"id":1978,"date":"2023-12-05T08:16:58","date_gmt":"2023-12-05T08:16:58","guid":{"rendered":"https:\/\/listselfstorage.com\/uk\/industry-insights\/?p=1978"},"modified":"2023-12-05T08:16:58","modified_gmt":"2023-12-05T08:16:58","slug":"loknstore-buys-3-5-acre-site-in-eastbourne-england","status":"publish","type":"post","link":"https:\/\/listselfstorage.com\/uk\/industry-insights\/loknstore-buys-3-5-acre-site-in-eastbourne-england\/","title":{"rendered":"Lok&#8217;n&#8217;Store Buys 3.5 Acre Site in Eastbourne (England)"},"content":{"rendered":"<p><!-- VideographyWP Plugin Message: Automatic video embedding prevented by plugin options. --><br \/>\n<img loading=\"lazy\" class=\"aligncenter\" src=\"https:\/\/thebusinessmagazine.co.uk\/wp-content\/uploads\/2023\/07\/LoknStore-Group.png\" alt=\"Self storage giant buys land in Eastbourne - The Business Magazine\" width=\"555\" height=\"443\" \/><\/p>\n<p><span style=\"font-size: medium;\"><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\">Lok\u2019n\u2019Store, the Hampshire-based provider of self-storage space, has purchased the Birch Road in Eastbourne from Alfa Laval Ltd.<\/span><\/span><\/span><\/p>\n<p><span style=\"font-size: medium;\"><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\">Flude Property Consultants oversaw the deal, the total price amounted to \u00a35.25 million. Alfa Laval sold the site as part of a relocation and property modernization strategy.<\/span><\/span><\/span><\/p>\n<p><span style=\"font-size: medium;\"><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\">The property comprises 83,000 sq ft of industrial, warehouse and office buildings on a 3.48 acre site. It also benefits from a substantial frontage to the A2290 Lottbridge Drove.<\/span><\/span><\/span><\/p>\n<p><span style=\"font-size: medium;\"><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\">Visit Hampshire Biz News for bright, upbeat and positive business news from the county<\/span><\/span><\/span><\/p>\n<p><span style=\"font-size: medium;\"><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\">Lok\u2019n\u2019Store plans to redevelop part of the site with a new state-of-the-art self-store for relocation of their current premises in nearby Hawthorn Road.<\/span><\/span><\/span><\/p>\n<p><span style=\"font-size: medium;\"><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\">Flude Director, Andrew Halfacree, said: \u201cThe prominent roadside position of the property in an established retail and trade location added to its appeal.<\/span><\/span><\/span><\/p>\n<p><span style=\"font-size: medium;\"><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\">&#8221;There was strong interest and 17 offers were received. Lok\u2019n\u2019Store were chosen as the preferred purchaser and proved to be a very reliable, proactive and pragmatic purchaser in addressing various issues that arose during the sale process.\u201d<\/span><\/span><\/span><\/p>\n<p><a href=\"https:\/\/thebusinessmagazine.co.uk\/corporate-finance\/loknstore-buys-3-5-acre-eastbourne-site\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"text-decoration: underline;\"><span style=\"font-size: medium;\"><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\">Source<\/span><\/span><\/span><\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Lok\u2019n\u2019Store, the Hampshire-based provider of self-storage space, has purchased the Birch Road in Eastbourne from Alfa Laval Ltd. Flude Property Consultants oversaw the deal, the total price amounted to \u00a35.25 million. Alfa Laval sold the site as part of a relocation and property modernization strategy. The property comprises 83,000 sq ft of industrial, warehouse and office buildings on a 3.48 acre site. It also benefits from a substantial frontage to the A2290 Lottbridge Drove. Visit Hampshire Biz News for bright, upbeat and positive business news from the county Lok\u2019n\u2019Store plans&hellip;<\/p>\n","protected":false},"author":13,"featured_media":1979,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[],"gutentor_comment":0,"_links":{"self":[{"href":"https:\/\/listselfstorage.com\/uk\/industry-insights\/wp-json\/wp\/v2\/posts\/1978"}],"collection":[{"href":"https:\/\/listselfstorage.com\/uk\/industry-insights\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/listselfstorage.com\/uk\/industry-insights\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/listselfstorage.com\/uk\/industry-insights\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/listselfstorage.com\/uk\/industry-insights\/wp-json\/wp\/v2\/comments?post=1978"}],"version-history":[{"count":1,"href":"https:\/\/listselfstorage.com\/uk\/industry-insights\/wp-json\/wp\/v2\/posts\/1978\/revisions"}],"predecessor-version":[{"id":1980,"href":"https:\/\/listselfstorage.com\/uk\/industry-insights\/wp-json\/wp\/v2\/posts\/1978\/revisions\/1980"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/listselfstorage.com\/uk\/industry-insights\/wp-json\/wp\/v2\/media\/1979"}],"wp:attachment":[{"href":"https:\/\/listselfstorage.com\/uk\/industry-insights\/wp-json\/wp\/v2\/media?parent=1978"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/listselfstorage.com\/uk\/industry-insights\/wp-json\/wp\/v2\/categories?post=1978"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/listselfstorage.com\/uk\/industry-insights\/wp-json\/wp\/v2\/tags?post=1978"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}