Former Fruit of the Loom warehouse sold
The former home of clothing manufacturer Fruit of the Loom has sold off an asking price of £4.95m.
The 94,000 sq ft property on the Halesfield Industrial Estate in Telford was put up for sale after Fruit of the Loom decided to relocate its operations abroad.
The building has been sold to Kinton Properties which has already let storage space to its own perfume brands Shaneel and Designer Parfums.
Fruit of the Loom is also letting office space on a short-term basis while it winds its UK based administration functions down.
Richard Bradbury, director of Telford-based Bulleys Bradbury, which handled the sale, said: “We are delighted to announce the sale of what is known as Unit G on Halesfield 10.
“We knew these premises were going to be of interest to owner occupiers because of the current lack of quality warehouse and office space across the Midlands.
“This scarcity factor, plus the fact that the building is in excellent condition and has well-fitted offices, meant we were quickly able to secure a successful sale.”
The building was built in around 1990 and comes with a large parking area and separate delivery yard on a 3.85-acre site.
