Pictured above: James McArthur

After successfully completing the sale of the 66,000 sq ft Bunny Trading Estate in Nottinghamshire, Innes England has been retained by the new owners to manage the site.

The sale of the estate was completed earlier this year. The new owner is The Appliance Warehouse (Midlands) Limited Executive Retirement Benefits Scheme which is a tenant on the estate and a well known retailer of kitchen appliances to the public and trade.

James McArthur of Innes England said: "I am pleased that our services have been retained. Historically the estate has been challenging to manage. We are looking forward to working closely with the directors of the pension scheme to ensure that we continue to improve the estate and the client's investments."

In all, the estate measures 66,403 sq ft and has 15 units. The Appliance Warehouse, which set up in 1986, is based on the estate along with a number of others including Fine Finish Furniture Limited and Bridgford Pressings Limited. There is one unit available measuring 1086 sq ft which Innes England is currently marketing.

Since being retained on the management of the trading estate, Innes England have been able to introduce a service charge to ensure that the site is kept in order moving forward. 

"Our client has invested in the clearing of the estate of trade rubbish which had accumulated on the site for decades," said James. "The clearing of the site has now opened up a space of around 1.5 acres for land rentals.

"Scott Osbourne of the Innes England Nottingham office is dealing with a stone masonry firm relating to part of the land, but a deal is not yet complete."

Paul Kemp, director of the Appliance Warehouse pension scheme said: "I have retained Innes England to manage the site. We are working together to make it an attractive proposition for other tenants

"By improving the site, we ourselves have been able to grow our business and extend our premises."