Office equipment and furniture supplier Clarks of Nottingham is the longest trading tenant at the Evelyn Street industrial estate in Beeston, thanks to NG Chartered Surveyors securing a new commercial lease on its 5,000 sq ft unit.
Established in 1982, Clarkes of Nottingham supplies office equipment and furniture to customers from all over the UK.
The firm has signed a lease renewal for another five years on the industrial estate, following 30 years in business, 20 years of which have been in Evelyn Street industrial estate.
Sunny Landa, from NG, said: “Many SMEs are finding the current economy challenging so every little helps when negotiating on rent renewals. It’s our job to understand what help a tenant needs in their negotiations, as well as appreciating what limits landlords can work within.
“A competitive negotiation on the renewal of the lease has resulted in a deal that suited both the landlord and Clarkes, enabling their continued occupation on site. This is also great news for the local economy.”
Roger Clarke of Clarks of Nottingham said: “In the 20 years that we have been on the estate, I’ve seen every unit change hands with businesses coming and going. Being the longest standing tenant is quite an accolade.
“Sunny was introduced to me and negotiated a competitive deal for us to keep the lease for another five years. Evelyn Street is an ideal location for the business because we can deliver to customers in the city and the East Midlands.”
Sunny Landa acted on behalf of the tenant, and Sean Bremner of Lambert Smith Hampton acted for the landlord. The tenant’s legal documentation was managed by Stuart Burns of Howes Percival in Leicester.
Have you any commercial property events you'd like to tell us about? It could be networking, exhibitions, seminars, industry lunches or sporting fixtures. We will list them for free. Just email newsdesk@propnews.co.uk with the following details: Event name, date, time, venue, cost, booking info and a brief description of the event.
To list your property job vacancies on Property News. Email: richenda@propnews.co.uk.