22/08/2012

Deal – 13,370 sq ft industrial unit let – Bordon, Hampshire

POSTED IN General

35 Woolmer Trading Estate, Bordon, Hampshire

Acting for private clients, Wadham & Isherwood, Farnham, have negotiated a letting of Signal House, 13,370 sq.ft. industrial/office building on the Woolmer Trading Estate, the building standing on a site area of approximately .75 acres.

Following the previous tenants vacating a few years ago the Landlord carried out a refurbishment program to ensure the building provided a good quality mix of industrial and office space.

The letting was to BRP Composites, who have relocated from Wormley, their business being very much involved with the Formula 1 motor racing industry. A new lease for a term of 5 years was granted at a rent of £45,000.00 per annum with BRP Composites having an option to acquire the long ground leasehold interest within the first 2 years of the lease. As a result of this letting and the recent sale of Unit 37 Woolmer Trading Estate, a unit of approx. 25,000 sq.ft., there are now few industrial estate/warehouse units available over 10,000 sq.ft. in the Bordon/Alton/Farnham area.