Folkes Properties has successfully completed the acquisition of Vale Park South, a prime industrial estate located on the sought after Evesham Business Park. The purchase marks Folkes first strategic investment in the Worcestershire commercial property market and strengthens its growing UK industrial portfolio.
The newly acquired 1.5-acre site, situated on Conference Way, was purchased for an undisclosed sum from Grafton Associates Limited in a deal facilitated by Skylark Real Estate. Constructed in 2021, Vale Park South comprises of 10 modern industrial units totalling 31,265 sq ft. Its location provides immediate access to the A46, and is just a short drive from Junction 9 of the M5 motorway, ensuring excellent regional and national connectivity.
Scott Wheatley, Property Finance Director at Folkes Properties, commented:
“This acquisition reflects our confidence in the industrial sector and our commitment to building a high-performing, resilient portfolio across the West Midlands. Vale Park South is a well-located, modern estate with strong fundamentals, offering appeal to both regional businesses and national operators. We remain actively focused on identifying and securing similar opportunities throughout the Midlands.”
Vale Park South sits within the wider Evesham Business Park, a thriving commercial location home to a mix of national and regional occupiers. Evesham continues to attract significant interest from businesses looking for efficient, modern industrial space in strategic locations, particularly those seeking access to key transport routes.
Skylark Real Estate, JG Poole & Co and Harris Lamb worked with Folkes on the acquisition.
