Industrial/Warehouse News
Acting on behalf of investor clients, Tim Gilbertson of FHP has completed the letting of substantial prime warehouse space of just over 10,000ft² to Canal Engineering to facilitate their local expansion.
The deal completed sees this superb building which forms part of the Easter Park Estate, Nottingham’s foremost industrial location, enable Canal Engineering to expand upon their existing base which they will retain on Lenton Lane.
Tim Gilbertson who brokered the deal commented:
“Easter Park still sets the standard in Nottingham for industrial or warehouse space, benefiting from a superb specification in a prime location just off Nottingham’s Ring Road and therefore within moments access of the City Centre but equally within quick access of the M1. This location was the ideal opportunity for Canal Engineering who are already based on Lenton Lane to take additional space and hopefully this unit will benefit their business hugely moving forwards.
Canal have been a pleasure to deal with throughout and we look forward to working with them again in the future.
Equally though, our clients have been great to work with and we look forward to renewing acquaintances with them in the near future.”
Karen Hodgson of Canal Engineering commented:
“We are delighted to base our new training academy, CEATA at Easter Park which offers high quality accommodation. We look forward to welcoming our apprentices and partners to our new academy. Easter Park is ideally situated for our business and the space is excellent. We are grateful for the flexibility and co-operation of Tim Gilbertson of FHP during the lease negotiation.”
Tim Gilbertson added:
“Once more this is a case of well presented good quality space letting at a very competitive rent which shows again the ongoing strength of local demand and increasingly the lack of supply. We had to disappoint a number of parties for this unit and I do hope that we will have other opportunities come to the market to satisfy pent up demand. If any property owners are looking to let or sell their industrial or warehouse space throughout the East Midlands then I would be delighted to assist, the market does remain in good health and deals are certainly being concluded at present.”
For more information on this deal or to see how Tim Gilbertson can assist you please contact him on 0115 9507577 or tim@fhp.co.uk.