Deals being done despite economy

Dunstable-based Alexander & Co: Commercial & Industrial has confirmed the sale of Project House, pictured, an office building on the borders of Luton and Dunstable.

The detached building is on Cradock Road Industrial Estate. It has extensive parking and potential to expand to the flank. It was marketed at a guide price of £385,000 the 3,500 sq-ft.

A spokesman for Alexander & Co: Commercial and Industrial said: “In this uncertain time when bank lending and confidence is relatively low agreeing a sale is only the first half of a job, and a proactive approach to monitoring the transaction, liaising with purchaser, solicitors and lender is an essential and crucial part of ensuring completion of sale takes place.

“In this particular instance once the sale was agreed exchange of contracts happened within approximately one month and completion two weeks thereafter.”

> Contact Simon Edmonds or Geoff Alexander on 01582 699990.

l Alexander & Co: Commercial & Industrial has also completed a lease on substantial industrial premises in Cherrycourt Way, Leighton Buzzard extending to approximately 15,909 sq-ft. The property has been available for a considerable time but a letting was agreed and a sale completed after a marketing campaign.