WAREHOUSE LETTING AT CINDERHILL POINT
Acting jointly with NG Commercial, Tim Harries & Partners, have let a 26,200 sq ft warehouse facility in Nottingham, to Fittleworth Medical, a leading home dispensing company.
The 26,000 sq ft warehouse was swiftly let at a headline rate of £5.25 psf after a programme of refurbishment to meet the ingoing tenant’s requirements.
Tim Harries at Tim Harries and Partners, commented: “Our clients are long-term investors for whom Cinderhill Point represents an important asset within their portfolio, and following the demise of former tenant City Link, they were delighted with the result whereby the property was let quickly to a high quality tenant on enhanced lease terms.”
Cinderhill Point is located on the well-regarded Phoenix Business Park, within a mile of J26 of the M1 Motorway, and developed on the site of the former Babbington Colliery. The Park is served by a park and ride facility for the Nottingham Express Tram System.