Surrender and Re-Grant

dohertybaines recently advised on the surrender of a lease of Unit 11 Chiltonian Industrial Estate, Lewisham, London SE12 and the subsequent letting of both 11 and 12 (the latter which was vacant) to Kuehne and Nagle.

The surrender results in our landlord client reducing their void for unit 12 whilst letting unit 11 on a longer lease, to a better covenant at a higher rent. An additional parcel of land was also leased and rentalised thus increasing the rent roll further for our clients.

For more detail, please contact Paul Londra.