Harlow factory attracts strong interest

DSC01479 (2) resized for www

Herbert House on Elizabeth Way in Harlow offers 33,842 sqft of single storey factory / warehouse premises with an attached two storey office block on a site of 1.7 acres. The freehold interest was offered for sale on behalf of a private pension fund client by Boston Fieldgate and generated very strong early interest from owner occupiers, investors and developers. The property was let on a lease expiring in July to Magenta who are relocating but agreed a short term occupation post completion to facilitate their move. The sale to Boran Properties has now been completed at a price well in excess of the £1.5m guide and the property will now be occupied by one of its associate companies as a manufacturing and production facility.

Our client Tony Herbert went on record to thank Boston Fieldgate “for providing such good advice and service throughout the whole transaction.  You are excellent at what you do, combining very practical advice with a wealth of knowledge and experience.  This was an important transaction for us, as you recognised throughout. You have superb communication skills and above all I never doubted for a moment that you were always working in my interest to the best of your considerable ability. You are a true professional, Charles, and it was great to have you on our side”.

Cobra secures 8

Cobra International Security has taken a lease on 1,088sqft / 93.7sqm of offices with 8 dedicated car spaces at Alvis Works in Kenilworth. They have taken an 18 month lease and will be using the premises for their midlands headquarters and training centre. Boston Fieldgate negotiated the lease on behalf of landlord.

Cherwell Packaging on the move

Cherwell Packaging has just taken a 5 year lease on 8,075sqft of warehouse space on the Wednesbury Trading Estate in Wednesbury to service a growing client base and new contract wins. Their existing facility of 4,035 sqft is in Hockley, Birmingham will be released at lease expiry later this year. Boston Fieldgate advise Cherwell on their property interests and following an extensive search to identify possible options identified the new premises in Wednesbury and negotiated the lease terms.

Whites take No 1

Unit 1 Alvis Works resized for brochure

Whites Cars & Motorcycles have taken a 2 year lease on Unit 1 Alvis Works comprising 1,542 sqft on the Common Lane Estate in Kenilworth at £7,200pa. Boston Fieldgate advised the landlord.

Assay Role for MD

Boston Fieldgate MD Charles Smith has just been appointed as one of the 36 Guardians of the Wrought Plate of the Assay Office in Birmingham which is one of the largest assay offices in the world. Its main function is to test and hallmark precious metals as required by the Hallmarking Act but its role is developing. The Birmingham Assay was founded by an Act of Parliament in 1773 and it has the famous “anchor” hallmark.

Octagon for kitchen expansion

Rapidly growing Miss Macaroon has just taken a 5 year lease on 10 Octagon Business Centre in Aston, Birmingham to house a new enlarged kitchen to meet the demands of the company’s growing retail outlets and online sales. The modern unit provides 2,801 sqft of high quality accommodation. Boston Fieldgate who advise Miss Macaroon on their property interests sourced the property and negotiated lease terms.IMG_3570

Alvis Double

A strong close to 2016 saw 2 lettings at Alvis Works in Kenilworth. The Box have taken a 2 year lease on Unit 2 – 2,113sqft at £9,00pa and 2Spec Ltd have taken a two year lease on unit 7 – 1,406sqft at £6,000pa. Boston Fieldgate advised the Landlord on both transactions

Emerald gets assayed

Emerald Technology Recruitment have just completed a 5 year lease on 2 adjoining suites comprising 2,763 sqft of ground floor offices in the TCN Property refurbishment of the old Assay office in Newhall Street, Birmingham. Boston Fieldgate acted for Emerald.

76-84 Warwick Road acquired

On behalf of a private investor client Boston Fieldgate has negotiated terms for the purchase of a freehold mixed use – retail and residential investment – at 76-84 Warwick Road in Kenilworth close to the prime retail trading pitch in the town. The property comprises 4 shop units one of which is Grade 2 Listed – all are let, 3 flats, two stores units and a number of lock up garages with some development potential. Boston Fieldgate has now been retained and is now advising on upcoming lease renewals and strategic management matters.

New player arrives at Euston

Estate agents row secures a new name. Shortland Horne Residential has taken a 6 year FR & I lease on 10 Euston Place in Leamington Spa. Let on a stepped rent averaging £17,500pa the unit offers 629sqft of sales / office accommodation at ground level. Boston Fieldgate negotiated the letting on behalf of the landlord.

© Copyright Boston Fieldgate - Theme by Pexeto