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Tuesday 24 August 2010

2 Units Let

Units 9 & 10 Hanover West Industrial Estates comprising 4,058 sq ft have been let to Nationwide Auto Centre for a term of 10 years.

dohertybaines acted for the landlord ING.

Michael Haines - Associate
Industrial Department

Industrial Comings and Goings

Comings
The industrial team have taken on two new instructions, both are refurbished units both instructions are from landlords and both are from well respected funds!

The first, is on the Six Bridges Trading Estate, just off the Old Kent Road, is the second instruction on the subject estate from AXA. We have already been asked for two proposals from occupiers prior to marketing. The unit is 5,300 sq ft and is a mid terrace 1980’s build.

The second new instruction is from Threadneedle for the Langley Business Park, a 27,218 sq ft unit ideally located for the M4 corridor, Heathrow and the M25. This is also a 1980’s approx build unit.

Goings
We recently have let two units on the Compass West Industrial Estate, N17, a SEGRO owned estate and have a further one under offer. These units were approximately 2,200 sq ft each and were let at £10.50 per sq ft. SEGRO had refurbished the units prior to marketing and this assisted the marketing process.

Paul Londra - Associate
Industrial Department

Monday 2 August 2010

New Lettings & Instructions

We are pleased to announce that in the last month dohertybaines have taken on 2 new warehouses and have completed 4 deals in Park Royal.

Black Rock have appointed dohertybaines to market Units 4 & 9 Townsend Industrial Estate, Waxlow Road, Park Royal. Unit 4 is 6,071 sq ft and Unit 9 is 1,885 sq ft.

Acting on behalf of LaSalle Investment Management Unit 1 The Chase Centre, Chase Road, Park Royal (2,716 sq ft) has just been let to Datawaind Ltd for a term of 5 years.

Unit 708 A Tudor Estate, (1,755 sq ft) and 706 Tudor Estate Abbey Road, Park Royal (5,143 sq ft) have also been let to Aquaplus UK Water Distribution and to Stol Joinery respectively on behalf of Segro.

Carlo Manzi Ltd have also taken Unit 5 Royal London Estate (7,200 sq ft) Ltd for a term of 5 years.

Michael Haines - Associate