INDUSTRIAL RENTS FROM £1.00/FT²

You cannot pick up a newspaper or turn on the television, or radio, and avoid news stories about the problems besetting Greece, Italy, Spain and now even France, and the inabilities of these countries to raise finance at levels that they can afford and even, more importantly, will be able to pay back in the near future.  There is no doubting that news stories of this kind are unsettling UK based businesses, which is being turned into uncertainty as far as commitment to commercial property is concerned.  However, the market fundamentals are such that with no new commercial buildings being constructed speculatively and with properties continuing to let, there is an ever increasing shortage, particularly, of industrial accommodation.  Barnes Noble Edwards have a number of industrial properties available for sale and to let on the popular Finedon Road Industrial Estate, Wellingborough including three units at Yeldon Court varying from 2,500-7,500ft², two units at Bradfield Road of 12,500ft² and 18,500ft² and Apex Point on Sanders Road at 53,840ft².  The agents report that interest in all of the properties has increased recently.

Despite this increasing interest, BNE’s clients on Yeldon Court and Bradfield Road are making the properties just too good an opportunity to miss: at Yeldon Court units are now being sub divided to create more units of 2,500ft² and where initial rents are now available at £2.00/ft² per annum. 
At Bradfield Road units of 12,500-18,500ft² are available with starting rents of just £1.00/ft² per annum. 

The deals available at Apex Point, a newly refurbished and extended manufacturing/distribution unit on a self contained site of 3.4 acres are so competitive that prospective tenants just cannot believe the deals on offer.  BNE believe that with such competitive offers on the table that these properties will let quickly despite the uncertainty that exists in the European economies.  For further information on these properties and others, please call Andy Griffiths or Kevin O’Dell at Barnes Noble Edwards on 01536 517777.

ANDY GRIFFITHS
25/11/11