Following a spate of recent lettings the Alexandra Industrial Estate in east Cardiff is now 97% let with only 1 small unit remaining of 1,200 sq.ft.
Marlborough-based Beeline Investments have recently benefitted from a turnaround in occupancy levels following recent lettings on the estate to Rentalspec, CR Services, and Paul Baker Construction.
A significant factor in the recent success of the estate, which has benefitted all of the tenants, has been the implementation of additional security measures. These include installation of new electrically operated access gates to the estate, on-site security checks, and 24 hours-a-day/7 days-a-week camera surveillance.
Following this investment and the series of new lettings this has resulted in the total number of tenants on the estate to 16, offering a range of services such as steel stockholding, specialist exhaust services, and general vehicle repairs.
Geoff Maspero of Beeline Investments commented “We are delighted with the way that the estate has performed in what have been very difficult times. It is important that we continue to look at ways of improving both the product we have to offer and a general secure environment for occupiers. The marketplace seems to have recognised our investment and the importance of our vision going forward.”
Michael Bruce of joint agents DLP Surveyors commented “In light of the very strong competition we are delighted to have been able to continue with a series of new lettings on the estate which we feel is indicative of the popularity and strategic importance of the estate. We are encouraged by the recent increase in enquires and are in discussions with other potential occupiers to fill the last remaining unit”.
Anthony Jenkins of joint agents Jenkins Best said: “Whilst he Alexandra Industrial Estate may not be seen as one of the premier estates within Cardiff it has been very successful so far in carving out a niche as a preferred location for many occupiers, particularly those that favour a secure business environment. It offers a complete range of industrial space suitable for a variety of end users in addition to excellent links to the rest of Cardiff and the M4 Motorway.”