Innes England has acted on behalf of property developer
Blueprint and secured six lease renewals at the Monk Road
Industrial Estate in Alfreton, Nottingham.
The Midlands leading property consultant has secured the lease
renewals ensuring that the industrial estate retains strong
occupancy levels.
James Scholter of Innes England, who acted on behalf of
Blueprint, says: "The completed renewals have seen various local
businesses renew their leases at the estate for a further three
years. This commitment by the current tenants is fantastic news for
Blueprint and for the estate in general."
"Although there are a couple of units still available on the
estate, it continues to have a high occupancy rate. This is partly
due to its fantastic location just off the A38 close to Junction 28
of the M1 Motorway."
The Monk Road industrial estate is owned by property developer
and investor Blueprint. Tenants include engineering firms,
automotive companies and repair workshops.
Alec Hamlin of Blueprint says: "We are delighted with the
continued success of this estate. Retaining six existing tenants is
testament to the quality of both the properties and management of
the scheme."
The refurbishment of unit 8 will complete imminently. The unit
will comprise a ground floor area of 10,809 sq ft, with additional
first floor office accommodation. Unit 15 is available to let now
upon terms to be agreed.