Dunmoore acquires trade counter development site near Bedford

Dunmoore, the UK real estate investment and development company, is working up plans for a 42,500 sq ft trade park development in Bedfordshire.

Founded and owned by Jeff Hobby, Dunmoore is a private UK property investment and development company with offices in London and Newbury. It focuses on the office, trade counter and multi-let industrial sectors. It is active in central and southern England, having undertaken close to 2 million sq ft of projects since inception in 2007.

The development will be a comprehensive refurbishment and part new-build development of a vacant industrial unit in the market town of Biggleswade. The 26,625 sq ft unit has been acquired from Jewers Doors, the locally based industrial door supplier, for £4.3m. Dunmoore will deliver a high-quality trade park of eight trade counter units, totalling 42,500 sq ft.

The development is prominently located on Stratton Business Park, close to the intersection of the main A1M roundabout and the A6001 London Road, with neighbouring occupiers including Lidl, McDonalds, Travis Perkins, Homebase and the A1 Retail Park.

Andrew Scott, Director at Dunmoore, said: “After a successful period of sales at the end of 2021, we have reinvested part of the equity into a typical Dunmoore repositiioning opportunity. We know many of our existing trade tenants have requirements for space in the town and we look forward to working with them again”.

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