Marketing of this industrial/warehouse unit on Moorbridge Road East in Bingham commenced on 20 August 2024 and the letting completed on 1 October 2024, taking just 6 weeks from launching the marketing to handing over keys to the new tenant.
The unit is located on the established Moorbridge Industrial Estate in Bingham with easy access to the A46 road and in close proximity to Newark, Leicester, Nottingham and Grantham.
The property comprised a detached gated industrial unit which was built in the 1990’s constructed of steel portal frame with single storey offices to the front elevation leading to a clear span warehouse space with LED lighting, 5.5m eaves rising to 10m at the apex and a large front gated yard/car park.
Anthony Barrowcliffe of FHP commented:
“What a result!! The speed of this transaction being the most impressive component of this letting. The unit had all the right fundamentals and with an excellent marketing campaign and the correct pricing we found the right tenant exceptionally quickly.
“Both parties were motivated to do the deal quickly and both sets of solicitors acted promptly and efficiently to push this transaction through.
“The message remains the same from my perspective being there is still a shortage of industrial space throughout the market of good specification in strong industrial locations and if these types of units are brought to market either to let or for sale they do very well.”
