Property Management & Lettings

Nottingham

Status

Completed

Project Type

Industrial / Light Use

Project Area

8,700 Sq. Ft.

Completion Days

Lease Value

£750,000

Project description

As part of our commercial property management services, we were instructed to market and secure a long-term lease for an industrial unit in Nottingham. Our efforts secured a well funded tenant with a value of approximately £750,000 over a 10-year lease term.

Our objective was to maximise the property’s rental potential while identifying a suitable tenant who could provide long-term security and stability for the landlord. We began by assessing the property’s location, specification, condition and suitability for the local industrial market. This enabled us to position the unit competitively and develop a targeted marketing strategy designed to attract credible occupiers.

The property was actively marketed to potential tenants through relevant commercial property channels, with a strong focus on presenting the unit’s key features, accessibility and potential business uses. Enquiries were carefully managed, and prospective tenants were assessed to ensure they met the landlord’s requirements.

Following negotiations, we successfully secured a tenant on a 10-year lease, providing the landlord with a significant long-term income stream and greater certainty over the property’s occupancy.