Project summary
- Engineering Company based in Malvern who had outgrown existing industrial premises of 14,000 sq ft.
- Instructed on behalf of the client on a search and acquisition basis to conduct a full market search in Worcestershire for a new site of C. 30,000 sq ft.
Solution
- Fisher German conducted a thorough search for sites before acting on behalf of the company to negotiate and agree a straight 10-year lease on a 28,167 sq ft premises at a well established Business Park in Worcester.
- Completion of the lease took place in October 2023.
Benefits
- Secured a new unit on behalf of Sierra CP Engineering.
- We were able to provide the company with insights into the market, produce a report of availability based on business needs and negotiate a lease structured to our client's needs upon favourable terms for the new unit.
- Providing a full spectrum of property services also meant we were able to carry out a Schedule of Dilapidations and Schedule of Condition for the unit, protecting our client’s future liabilities.
