TEAM

  • Richard Lawrence / Simon Norton

SERVICES PROVIDED

  • Agency

CHALLENGE

  • To market and secure an occupier for a 637,486 sq ft high bay warehouse located in Thrapston

STRATEGY

  • Provide market advice to the client and advise on the potential lettability of the property. Create a marketing campaign to assist in the disposal of the property.
  • Identify target occupiers
  • Approach potential occupiers and make them aware of the opportunity.
  • Provide investment advice on the resultant letting.

SERVICES

  • Letting / Marketing / Investment advice

RESULTS

  • After undertaking a successful marketing campaign Colliers were successful in securing a 15 year lease of the building to Primark Fashion, within a short period of time.
    The Letting was one of the largest transactions completed within the Midlands in 2008.
    Colliers have been retained to sell the investment on behalf of IKEA and are currently receiving offers for the property