Fifield Glyn have recently completed three major deals on Gadbrook Park. Firstly, letting 12,000 sf in Chelford House to The Hut Group on behalf of Hurstwood at a rent £175,000 pa.
Secondly, again on behalf of Hurstwood, Fifield Glyn advised on the purchase of Greystone House let to Network Services (Nationwide) Limited at a rent £115,000 pa. Purchased through Alsop’s at £950,000. The building extends to about 10,000 sf and is let for 15 years from August 2015.
Thirdly, on behalf of MCR, negotiated the sale of Brunel Court to Osborne House for £730,000 to comprise the Long Leasehold interest of the entire with the benefit of ground rents, car parking income and two vacant refurbished office buildings.
Richard Smith at Fifield Glyn, who negotiated all three transactions, commented “These deals show the continuing strong demand on Gadbrook Park from both occupiers and investors. We will shortly be offering the two vacant office buildings on Brunel Court and there is further land available on Gadbrook Park for Design & Build packages.”