What needed solving
A void was forming on a large industrial asset in a competitive market. The landlord needed to secure a covenanted occupier on long-term terms while protecting capital value and avoiding rent reductions.
Long-term lease secured to a national occupier on a strategic 35,000 sq ft industrial unit in Coatbridge with excellent road links to Glasgow and the central belt motorway network.
A void was forming on a large industrial asset in a competitive market. The landlord needed to secure a covenanted occupier on long-term terms while protecting capital value and avoiding rent reductions.
We re-marketed with a refreshed listing strategy targeting national occupiers, ran disciplined viewings, qualified covenants thoroughly, and negotiated a strong heads of terms with appropriate rent review provisions.
Long-term lease secured with a national occupier on FRI terms. Rent achieved in line with market expectations, asset stabilised, and ongoing management ensures compliance and maintenance discipline.
Other commercial assets we've worked on across the UK.
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