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Averta move to Solihull

Employment law specialists Averta Employment Lawyers have just taken a lease on 1,413 sqft of offices on the ground floor of Unit 1 at the Courtyard, on Warwick Road, Solihull. The company are moving from the Packington Estate into the centre of Solihull and will be taking occupation before the end of February following a fit out. Boston Fieldgate advised Averta on the search to identify potential relocation options and then negotiated terms on their behalf on Unit 1.

Pack Smart grow in Kenilworth

Pack Smart – have just acquired a further 3,000sqft of warehouse space to support the expansion plans for their multi channel ecommerce fulfillment business. They now lease over 15,000sqft of space on Princes Drive Industrial Estate in Kenilworth from the Meacham Adams Pension Fund who were advised by Boston Fieldgate on the letting of this additional space and restructuring of their existing lease on Unit 6.

Dragon flies in…

Acting on behalf of Chinasearch – Europe’s largest retailer of discontinued china Boston Fieldgate have negotiated a sublet of unit 13a – 834sqft of warehouse space on the Princes Drive Industrial Estate in Kenilworth to Innovation Event Lighting at a passing rent of £5,000pa and negotiated the assignment of 13b – 1,667sqft to Dragon Interiors at a passing rent of £9,000 pa.

Charity takes over library building

Acting on behalf of a major midlands charity Boston Fieldgate have negotiated terms for a 5 year lease on the former Library premises extending to over 3,000 sqft at Remembrance Road on the south east side of Coventry. The property forms part of the local centre anchored by Heron Foods

Sold with 24 hours!

 

The Sale was agreed within 24 hours of coming to the market. The freehold of an office investment – 5 The Court, Holywell Business Park in Southam has just been sold to a private investor at an 8% net initial yield. The property comprises a 154sqm / 1,653sqft 2 storey office building constructed less than 10 year ago with 7 car spaces. The property is leased to Richmond Villages on a 5 year lease from March 2018 at an initial rent of £25,420pa with a tenant break option in 2021. Boston Fieldgate advised the vendor and negotiated the sale.

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