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News Article

Micro Drainage Ltd to remain at Jacobs Well

BDT have helped Micro Drainage Ltd renew their lease on their office building in Newbury, known as Jacobs Well, comprising some 3,400 . 

The original instructions were to relocate the company within Newbury, but it soon became apparent that the town is not blessed with anything like a good supply of quality office space, particularly within, or on the fringe, of the town centre. The attributes offered by Jacobs Well simply couldn’t be matched, at least not without the company considering a relocation into an out of town position such as Newbury Business Park.

The terms agreed with the private landlord at Jacobs Well included lease flexibility, in the form of a tenant only 3 year break clause, and a 30% reduction to the previous passing rent.

Micro Drainage supply sustainable drainage and flood hazard software to the civil engineering and environmental sectors.

 

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Contact for further information:
Richard Thomas
bdt
E-mail:  richard.thomas@bdt.uk.com
Telephone:  01256 840 777

15.1.2013

 

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