AMPETRONIC LIMITED LET FULLY REFURBISHED INDUSTRIAL/WAREHOUSE UNIT IN NEWAK

Industrial/Warehouse News

FHP are delighted to have agreed the letting of 2-4 Marles Close in Newark jointly with Wood Moore & Co.  This property which was fully refurbished comprised a warehouse with two storey offices and welfare block to the front elevation with parking to the front alongside self contained compound/yard.

The unit was of steel portal frame construction with block and brick elevations, pitched roof featuring translucent roof lights and eaves of circa 5.5 metres.  The unit also benefitted from lighting throughout, a large incoming power supply and three level access doors.  Externally the property had a dedicated secure yard and parking to the front alongside wash bays for vehicles.

The property extended 6,918ft² and was let on a new 5 year lease.

Ampetronic Limited are a leading manufacturer in the design of standard compliant hearing system drivers and assistance hearing solutions.  This new letting for Ampetronic will help develop their ever growing business in this niche sector.

The property was suited within Newark Industrial Estate, a popular location for many commercial and trade occupiers which provides easy access to the A1, A46 and A12 trunk road.  Newark is approximately 20 miles to the north east of Nottingham and 16 miles south west of Lincoln.  Local occupiers within the estate include Travis Perkins, Magnet, Screwfix, SIG Roofing, Burton Roofing, Howdens, Eurocell, Toolstation, Formula One Autos and Bakkavor.

Anthony Barrowcliffe of FHP commented:

“I am delighted to have completed on this letting jointly with Wood Moore & Co.  This building was purchased through CPP originally and underwent a full landlord refurbishment speculatively before being put back on the market to rent.  A tenant was found jointly with Wood Moore & Co very quickly into the marketing to occupy the building on a new 5 year lease. 

It is always exciting working with investors from the very start of the process right through to the end and this project has been a huge success.  

I wish Ampetronic all the luck in the future and believe this to be an excellent new home for them.”

For further information on this letting or to discuss any property matters please contact Anthony Barrocwclife on 07557 972008 / anthony@fhp.co.uk.