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Alvis renewals

Common Lane in Kenilworth is home to the Alvis Works which offers a mix of warehouse / industrial and office units set around a central courtyard. Acting for the landlord Boston Fieldgate has negotiated lease renewals on units 4,5,6,7, let Units 1 & 3b and now just unit 2 of 2,113 sqft remains available. Further details] are on the www under properties.

Mixed use investment sold

On behalf of a private investor client we have arranged the sale of a freehold mixed retail / residential investment in West Heath, Birmingham. The property at 41-3 Redhill round comprises 2 ground floor retail units let to a local hairdresser and café operator and 2 flats above which had previously been sold on long leases. The passing rent is £14,200pa and the sale price was £148k showing a gross yield of circa 9.5%. The purchaser was a private investor.

Mouldings Green secures Avon

Unit 1

On behalf of the Mouldings Green Partnership we have just let Unit 1 – a beautiful Listed barn conversion on the Birmingham Road in Meriden just to the north of Balsall Common. The detached building offers just under 500sqft of open plan office with separate kitchen / welfare facilities. The tenant Avon Utilities & Generation Ltd have taken a 5 year lease at a rent of £9,500pa

Charity move in Tamworth

 

Acting for a major midlands charity Boston Fieldgate have just negotiated terms for their retained client to take a 10 year lease on 30 George Street in the centre of town opposite one of the main entrances to the Ankerside Centre. The property is arranged over three floors offering ground floor retail and ancillary storage on the upper floors.

Innovating Group take 8

The Innovating Group LLP that operate as Fresh Coventry & Warwickshire – a truly local radio station for Coventry & Warwickshire have completed a lease on Unit 8 – a self contained 94 sqm / 1,008 sqft office building  on a new lease to December 2019 at the Alvis Works on Common lane in Kenilworth.

Boston Fieldgate advised the landlord and are marketing industrial and warehouse units on the estate offering space between 57 sqm / 615 sqft up to 196 sqm / 2,113 sqft

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