Industrial News and Deals
Newport Acting on behalf of The Lear Group, joint agents Cooke & Arkwright and Knight Frank have let Units 18 & 19 Queensway Meadows Industrial Estate, Newport to Khaoz for Kids. The premises comprise 13,046 sq ft and are let on a 10-year lease at £51,603 pa. Bridgend Unit 2, Squire Drive, Brynmenyn Industrial Estate has been sold for £183,000 to Eco Energy Systems Ltd. The 271 sq m (2,923 sq ft) unit was sold by Watts and Morgan on behalf of Dantaag Ltd.		Cardiff Acting on behalf of Sixt, Lambert Smith Hampton has sub let Unit F of St Catherine’s Park, Pengam Road, Cardiff. Formerly occupies by Sixt and used as a vehicle depot, the 8,121 sq ft unit has been sub let to Appliance Express Retail Ltd at a current passing rent of £33,000 pa until expiry of the head lease in 2014. The unit forms part of a terrace of industrial buildings at St Catherine’s Park.