FHP INSTRUMENTAL IN SECURING NEW OCCUPIER FOR NOTTINGHAM SOUTH & WILFORD INDUSTRIAL ESTATE

Industrial/Warehouse News

Acting on behalf of private investors, Tim Gilbertson is pleased to confirm the letting of this quality light industrial/warehouse unit on the ever popular Nottingham South & Wilford Industrial Estate.

This estate continues to create strong interest whenever buildings become available due to its south Nottingham location and good quality of accommodation.  These factors combined together with extensive marketing have achieved rapid success and again Fisher Hargreaves Proctor have rapidly concluded a deal on this estate on behalf of their client.

Placed on the market in June of this year, the tenant has been found and the lease completed within three months providing a unique and exceptional result in what remains a challenging market.

The deal has been completed with Trent Instruments to enable their expansion and relocation from their current Ruddington base and has ended their long search for their perfect premises.

Tim Gilbertson, who dealt with the letting, commented:

“When looking at placing this property on the market, having let it previously on behalf of our clients some years ago, I was confident that despite the challenging market conditions we could still achieve early success and create an excellent investment for our client. 

This proved to be the case as within a matter of days of the unit first being placed on the market, strong interest was encountered and a deal agreed equally swiftly with the eventual occupiers, Trent Instruments.  Trent Instruments have been searching for accommodation for some time and it is a pleasure to see them finally housed in the perfect unit to enable their continued expansion.

We wish them well for the future.

The deal concluded gives our client ensured income for a further four years at a very competitive rent.

This estate is certainly not being overly effected by the difficult trading conditions we are currently encountering in general as we also have a substantially larger unit ‘under offer’ which should see a deal completed in the very near future, again within a very short period of time.

If any occupiers or owners are looking to trade their units on this estate then I would be delighted to speak with them as we have a good level of back up interest as a result of our marketing for the two buildings currently available.

I would be delighted to speak with any parties accordingly.”

For further information on the transaction please contact Tim Gilbertson at Fisher Hargreaves Proctor on 0115 9507577.