Property News New mail depot for North London as Colliers strike deal

Royal Mail

Acting on behalf of BT, Colliers International has surrendered the lease of Units 11-13 Bush Industrial Estate, London N19 back to the landlord, who has immediately relet it to Royal Mail.

The units, totalling 20,050 sq ft will be used by Royal Mail as a local mail depot. This location, at Station Road, Tufnell Park allows for superb access into Central London, North London and the wider road network.

The unit is less than five minutes from Tufnell Park Tube station and offers direct access to the A1 via Junction Road.

Colliers International were awarded the exclusive mandate to dispose of BT Fleet properties in mid 2010, as part of the Telereal Trillium management agreement.

Savills acted on behalf of Royal Mail. Landlord LaSalle Investment Management was unrepresented.