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London site sold to Goya Developments

London site sold to Goya Developments

A 6-acre South East London site has changed hands as the capital’s logistics sector feels the pressure.

Sun Chemical, advised by Avison Young, has sold a redevelopment site in Orpington, Kent to Goya Developments.

The six-acre site, located on the corner of Cray Avenue and Cray Valley Road,  could see a 160,000 sq ft development.

Mark Holliday, Avison Young’s Principal, Capital Markets, comments: “This is a prime redevelopment site for which we had a lot of interest. The price achieved reflects the potential of the site for commercial use.”

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