Purchase of a standing industrial investment comprising approximately 30,000
square feet of industrial accommodation in a terrace of four units along
with surplus development land.
The three tenants were consulted on their continuing occupational space
requirements. As a result, pre-lets were agreed with one of the tenants
for a new purpose built manufacturing and warehouse facility in two separate
buildings. Their existing space was re-let by L.E.A.
The estate was purchased in August 2000 and construction on the development
land commenced in September of that year. The two 10,000 square foot units
were completed in June 2001 and occupied immediately.