New Tenant for Legal & General’s estate
Legal & General, on behalf of its Industrial Property Investment Fund (IPIF) has leased its modern factory/warehouse unit on Salisbury’s popular Harnham Trading Estate.
Property consultancy Myddelton & Major successfully negotiated the letting of Unit 23-25.
Quoting rent for the unit, which had become available due to a relocation, was £21,000 per annum and the tenant has agreed a five-year lease.
Myddelton & Major Partner Dean Speer said: “The unit is to be used by a new business. I was particularly pleased to be able to facilitate this letting as it is one of the joys of my role to watch new independent businesses go from strength to strength after helping to find them a base.”
“Harnham Trading Estate, built in the 1980s, is one of Salisbury’s most well-established industrial/warehouse developments and has proved to be extremely popular over the years.”
Myddelton & Major was acting on behalf of long-established London-based Industrial Property Investment Fund (IPIF) which is managed by Legal & General Property, one of the largest institutional property fund managers in the UK.
Harnham Trading Estate is located at Netherhampton Road (B3094), linking with the A36 on the South West side of Salisbury and is particularly conveniently placed to serve the city and beyond.
Myddelton & Major was named the most active agency in Wiltshire in 2018 for the seventh year running by Estates Gazette, the weekly and online magazine of the UK commercial property industry.
Contact Myddelton & Major for more details of properties on 01722 337577 or visit www.myddeltonmajor.co.uk.
