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Opus Land has been reaping the benefits of a £2.3 million refurbishment of the former MFI factory site on Teesside.
The property industry is nothing if not adaptable and now that there is no longer any empty rate relief on warehouses a plethora of advice is available to help mitigate the financial burden.
Stansted Transit, has taken a 33,800 sq ft unit at Standard Life Investments’ 179,500 sq ft Skyline 120 scheme in Braintree Essex, on a ten-year lease at an annual rent of £241,670.
Wrenbridge in a joint venture with Axa Real Estate Investment Managers has let its 39,752 sq ft Focus One warehouse at Focus Park, Solihull to Hire Service Holdings for 15 years subject to a ten year break at £6.50 per sq ft with 12 months rent and a six
A prominent industrial unit within Blantyre Industrial Estate, Lanarkshire, has changed hands in a £1million ‘off-market’ deal, structured by property agent James Barr.
Stoford Developments and LaSalle Investment Management have pre-let a 75,000 sq ft unit at the 40-acre Vale Park West scheme in Evesham. The occupier has signed a ten-year lease with an option to break at the end of the fifth year on the warehouse, which
Bayer CropScience, one of the world’s leading crop science companies, has selected Atisreal to advise on the sale of its 40-acre manufacturing site on Gorsey Lane in Widnes, Cheshire.
Timber and panel products distributor James Latham is to establish its first Scottish site at the Eurocentral business park in Lanarkshire.
Development partners Sladen Estates and Peveril Securities have secured a site in Thorne, Doncaster where they intend to build a 227,603 sq ft warehouse with two storey integral offices, a large goods yard and 111 car parking spaces set within a landscape
International freight distributor RJJ Freight has leased a refurbished 5,620 sq ft unit at Ringway Trading Estate on Shadowmoss Road, near Manchester Airport on a ten year lease at a record rent of £6.50 per sq ft.
