Do A Conveyancer Plays An Equally Important Role?
April 13, 2019
The former Woolworths store at 71-75 Market Place, Bexleyheath, redeveloped by Chartwell Land, has been fully let. NAI Gooch Webster, who also relocated Woolworths into the 35,000 sq ft Safeway supermarket, has agreed lettings with six new occupiers who between them have taken a total of 1,380 sq m (12,250 sq ft).
The new tenants of the scheme are Superdrug, Sussex Stationers, Phones 4 U, Game, Argos and Reed Employment. The demand for the scheme was demonstrated by the calibre of new tenants we have secured says Paul Tickell of NAI Gooch Webster, well as the rental levels achieved.
Four of the tenants are new to Bexleyheath and two are extensions to existing stores. This must prove that the Bluewater effect only some two miles away) has had little impact on local trading conditions. Those units with frontage onto The Mall achieved in excess of £125 Zone A while those fronting Broadway have achieved £75 Zone a NAI Gooch Webster acted for Woolworths and Chartwell Land throughout the transactions; joint letting agents were Morgan Williams.
ELE international, a subsidiary of GLI International (in turn a subsidiary of Pennon group plc) has just accepted completion of a 28,500 sq.ft warehouse and office facility in Leighton Buzzard. The warehouse provides eaves of c.5.75m of effectively clear span whilst the offices are finished to a high standard with comfort cooling. The agreed rent is £l85,341 pa equating to C. £6.50 per sq.ft. The developer was Chart moor Estates Ltd of Leighton Buzzard.
Aitcheson Safety in Hemel Hempstead acted for ELE both in moving into this new facility and selling their 40,000 sq.ft warehouse and office complex in Hemel Hempstead to Decorum Council. They have now been instructed to dispose of these premises by Decorum Council on a short term letting arrangement. Aitcheson Safety has let the first speculatively built new office constructed in Hemel Hempstead for eight years.