Savills, on behalf of the Property Recycling Group plc, has let four units at Honeypot Lane Industrial Estate in Colsterworth, Lincolnshire, to Macfarlane Group (UK) Ltd.
The nationwide packaging designer, manufacturer and distributor has agreed to a new four-year lease for units 33, 34, 35 and 36, comprising warehouse space totalling 28,762 sq ft (2,672 sq m).
William Rose, director of business space at Savills Peterborough, comments: “Honeypot Lane Industrial Estate offers high quality warehouse accommodation and secure open storage in a well established business location. Situated less than half a mile from the A1, this is the ideal place for Macfarlane to base its local operations. We also have the final unit under offer at the asking rent of £3.25 per sq ft, which will leave up to two acres of storage land available”
Macfarlane Group (UK) Ltd was advised By Alder King
