Four newly constructed light industrial units in Sharnford, Leicestershire have been let in a single deal negotiated by our Director, Andrew McFarlane Holt.
The four units, representing 20,000 sq ft industrial/storage/distribution space, have been built at The Farm, the existing commercial complex owned by John Brindley Transport, following opportunities created by the pandemic.
Andrew explains: “One of the legacies of Covid has been a significant demand for medium and long-term storage facilities or distribution centres where goods can be stockpiled. Our advice to the client was that existing hardstanding storage areas could be repurposed with new construction units that would provide greater value.”
Our Planning & Development team submitted and secured consent for the construction of the four units, with each one deliberately designed to be in keeping with existing buildings and featuring a linked, portal frame structure. Prior to marketing, negotiations were undertaken with the existing tenant, a national PLC, and they are now taking occupancy.
Andrew continues: “Sharnford is well-connected, with the A5, M69, M1 and M6 all in close proximity so we were anticipating high levels of interest. We’re pleased to have concluded negotiations as one single transaction, securing strong rental values for our client.”