SUCCESSFUL LETTINGS AT THE ROSE ESTATE IN HOOK
Described by our client “as probably the closest warehouse or industrial space (currently available) to the M3 motorway”, two letting deals have now been concluded at The Rose Estate in Hook.
The estate is owned by Kingmere Ltd, a wholly owned company within Store Property, based in Chichester. Its location is literally within ½ mile from Junction 5 of the M3 motorway. There are 6 buildings on the estate, and unfortunately 3 of them came back to Kingmere some 9 months ago, following lease terminations.
As a result of good quality refurbishments and the excellent locational attributes, 2 out of 3 units have already been re-let. Ascot Catering Ltd have signed a new 10 year lease with a 5 year break option on Unit 2 of 9,893 , and latterly Smart Bodyshop Ltd have committed to a new 5 year lease on Unit 6, which comprised 10,718 and an adjoining secure yard area.
The search continues for a new tenant for Unit 4 of 10,800 , at the asking rent of £6.75 per .
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Contact for further information:
Telephone: 01256 840 777
25 June 2013