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Industrial News and Deals

Bristol
Burston Cook, acting on behalf of clients, have let industrial/warehouse premises at Unit 2 Grove Road Industrial Estate, Patchway, Bristol.
The property totals approx 102.2 sq m (1,100 sq ft) benefiting from planning consent for B1/B8 industrial use.
The letting was at a rental of £10,000 pa. The purchasers were not represented.

Swindon
Lambert Smith Hampton has acquired 5,258 sq ft of industrial space at Unit 13, Hillmead Complex, Marshall Road, Swindon for First Engineering Ltd.
First Engineering has agreed to take a sublease, with the option to break on 31 March 2009, of the previous tenant’s lease, due to expire 24 March 2012. The previous tenant, Slix Europe, was represented by Loveday Commercial. The passing rent was agreed at £35,000 pa equating to £6.75 psf.