Clipstone Investment Management appointed our industrial agency specialists to market and secure a new tenant for a newly vacated industrial unit in Newbury, the Thames Valley.
How we helped
Undertook a full marketing report, including building survey and valuation to assess the value of the unit
Gauged local competition, reviewed recent transactions and assessed property condition
The property needed to stand out from other industrial developments in the vicinity
Deployed in-depth understanding of the Thames Valley industrial market, and good working relationships with external advisors to identify the right tenant
Carried out extensive marketing campaign via online channels and drawing on our network of local agents
Secured several viewings with potential tenants
Managed the process of securing the new tenant from covenant strength assessment to negotiating lease terms and rent rates, through to completion.
Market knowledge and regional contacts, together with continuous communication with our client, ensured a new tenant was secured much quicker than client had anticipated
Secured a competitive offer from a new tenant within six months
Completed the deal in 10 months
Returned Horizon West Industrial Estate to fully-let status.
Get in touch
If you think you may need similar support to that described here, or you would simply want to have an informal chat with a member of our team to discuss your property needs, get in touch.