19/10/2011

KWIK FIT TAKE 9,000 SQ.FT. ON THE FARNHAM TRADING ESTATE

POSTED IN General

Acting on behalf of Ignis UK Property Fund, Wadham & Isherwood have successfully negotiated a letting to Kwik Fit, one of the largest automotive repair businesses in the country.

Kwik Fit have taken Unit 8 Farnham Trading Estate totalling 9,118 sq.ft. on a new 15 year lease without break paying £75,000 per annum.

Chris Lock of Wadham & Isherwood, who acted on behalf of Ignis, commented that this proved an excellent letting for the landlords, especially as the deal was agreed prior to the previous tenants vacating.

The rent achieved of over £8.00 per sq.ft. demonstrates the continuing demand for high quality well located industrial/warehouse property in Farnham.

For further information on this letting please contact Chris Lock 01252 710822 chris@wandi.co.uk