Project summary
- Due to business expansion requirement for additional production facility of circa 50 - 70,000 sq ft
- A need to be in close proximity to existing headquarters on Haydock Industrial Estate
- Achieve best market terms
Solution
- Carry out a comprehensive search of the market and report on suitable opportunities with the search parameters
- Identified speculative new build warehouse close to existing premises
- Negotiated strong rent free incentive package
Benefits
- The team has strong market knowledge in the location and well placed to provide well rounded advice to the client
- Identifying new building close to existing facility allows synergy between the two, less travel time for staff and therefore cost savings
- Strong financial incentive offsets rising rental rates in the market
