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.
Browsing: Property
Opus Land has been reaping the benefits of a £2.3 million refurbishment of the former MFI factory site on Teesside.
Aquatic and pet product firm Aqua Pacific has relocated to a new warehouse on the Nursling Estate in Southampton. The company, which has expanded four times since 2004, has taken the 61,000 sq ft ten Oriana Way owned by CBRE Investors.
Factory and warehouse employees are less concerned with their immediate workplace comfort compared to other sectors, but what they are interested in is lighting and car parking, according to a survey for Savills by YouGov.
London based Landform Developments is pursuing a development called Burnaston Cross, which extends to some 120 acres adjacent to the A38/A50 interchange, three miles south of Derby.
Developer HelioSlough has completed a 120,000 sq ft warehouse at Buckshaw Link in Chorley representing Phase One of its joint development with CBRE Investors.
A consortium of public sector organisations, including the City of Edinburgh Council, Midlothian Council, East Lothian Council and NHS Lothian have joined forces and agreed terms to pre-let a warehouse at Prestonfield Park in Edinburgh.
Occupiers are increasingly on the look out for sites with good access to the rail network and port connectivity as pressures grow for more sustainable supply chains, according to Lambert Smith Hampton’s latest National Industrial and Distribution Report.
A 102,000 sq ft distribution warehouse is to be developed by St Modwen on its 32-acre Quedgeley West Business Park, Gloucester, to store Dyson vacuum cleaners.
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.
