A Market Harborough business park is now under new ownership following a deal for an undisclosed sum.
On behalf of Patoro Properties, Chartered Surveyors and Property Consultants, Wells McFarlane has completed the acquisition of Bowden Business Village, just two miles north of the town centre, which comprises over 8,000 sq ft of office space in three converted barn buildings.
“This unique business venue has been a sought-after destination for the past two decades, attracting tenants seeking an edge of town, easily accessible yet semi-rural premises,” explains Wells McFarlane’s director, Jason Hercock. “The vision of the original owner, Jon Fox to create self-contained buildings around a central hub to encourage interaction and establish a new community has driven the success of Bowden Business Village, and is one of the reasons it made an attractive property investment.
“The deal with Patoro Properties was concluded off market and highlights the result of working with a commercial property agency with strong local connections. We encourage investors seeking to start or increase a property portfolio to contact us for a confidential conversation.”
Following completion of the acquisition, Wells McFarlane has also been instructed as managing agents for Bowden Business Village, including all property management, agency and lease advisory services.
Jason added: “We’ll be working closely with Jon Fox and his team to handover the management, and Jon will continue to run his development business from the Village so existing tenants can be assured of a smooth transition and familiar faces going forward. Around the grounds, Patoro Properties plan to install new EV charging points, entrance gate, cycle rack and additional landscaping, ensuring Bowden Business Village remains an appealing and sustainable workplace.”
