Project
Unit 14 Scott Road sits within Scott Road Industrial Estate in the Sundon area of Luton, a location with strong connectivity via Junction 11 of the M1, the A505 and the A6. The 17,381 sq ft detached industrial building was brought to market by BTG Eddisons on behalf of the landlord, targeting occupiers serving the South East's industrial and utility sectors.
Approach
BTG Eddisons marketed the unit on the strength of its size and the estate's motorway access, identifying a tenant looking to grow its operations. The team negotiated a fifteen-year lease that gave the incoming occupier the security to expand its service offering across a broad and diverse client base.
Results
The letting was agreed on a fifteen-year term, giving the tenant the platform to significantly increase its service offering to industrial and utility clients across the South East, and securing long-term income for the landlord.
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