Acting on behalf of their client O’Neill Wetsuits Ltd, Flude Property Consultants (FPC) are delighted to have agreed a surrender of the lease of units 20 and 21 at Holmbush Industrial Estate in Midhurst.
Holmbush Industrial Estate is situated approximately 1 mile south west of Midhurst town centre and is surrounded by a predominantly residential area. It is the town’s main industrial estate and is accessed via Holmbush Way, which links to the A272 via the A286.
A new lease was granted by the freeholder to Pan Artisan; a commercial bakery and dough maker, who already occupy a number of units on the estate.
The unit comprised over 6,000 sq ft of industrial / warehouse space with a 6m eaves height, three phase electricity supply and 2 Concertina loading doors.
FPC senior surveyor, Mikael Goldsmith, commented, ‘This transaction was a great result for all concerned. O’Neill were able alleviate themselves of their lease obligations, Pan Artisan were able to expand on site improving their operational capabilities all while setting a new benchmark rent for the estate’.
