Industrial/Warehouse News

I am thrilled to announce that we have now completed on the successful subletting of 1b Isabella Court, on the Millennium Business Park, Mansfield.

This was an excellent result for all parties involved, especially the tenant, mitigating their losses until the end of the lease term, saving a considerable amount of money and cost.

1B Isabella Court is an excellent modern industrial unit on the established Millennium Business Park with a current lease in place until the 22^nd September 2022. The task here was to either assign, sublet, or surrender the lease in order to reduce the tenant’s cost for the rest of the term, as the tenant no longer had a need for this unit. Alongside assisting the tenant, we also managed to fulfill Cortec Engineering Limited’s requirement whom we have been in contact with for some time, this subletting helping them move into a larger and more suitable unit.

Anthony Barrowcliffe of FHP comments: –

“I am delighted with the outcome for both tenant and subtenant and that I could assist fulfilling both requirements. Not only do we offer our services to landlords we also offer our services to tenants as demonstrated in this deal. I would be thrilled not only to meet landlords but tenants alike to discuss any property related matters and how FHP can potentially assist. Whether you require assistance disposing of your surplus premises, moving to smaller premises, reducing your business rates liability, or dealing with upcoming lease events such as lease renewals and rent reviews, FHP can assist.”

For further information on how FHP can help with the sale or letting of your commercial property, or for assistance helping you find the right property to meet your requirements, please do not hesitate to contact FHP. We also offer a variety of other services to both landlord and tenant, therefore look forward to hopefully assisting in whatever capacity needed.

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