By David Parsley2021-11-08T10:23:00
Tavis House Properties has acquired the former Xylem Water Solutions Unit in Hoddesdon, Hertfordshire for £9.1m.
The four-acre site, which cost £2.26m per acre, will be redeveloped to provide 80,000 sq ft of new warehouse units, which will have a gross development value of around £25m when completed in mid-2023.
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