11/6/21 – Lettings agreed at mixed use development in Hatfield

Acting on behalf of a private owner, Aitchison Raffety has completed the disposal and subsequent lettings of Units 11 and 13 at The IO Centre in Hatfield Business Park, Hatfield, Hertfordshire.

Aitchison Raffety was instructed to sell the two adjacent industrial units on behalf of the previous owner, however, two deals were aborted due to the Covid pandemic. In March this year, the disposal of both units was achieved to a private investor for the sum of £1 million.

The units were then subsequently let to iValet (Unit 13) at a rent equating to £14 psf and Rocco Borghese (Unit 11) at a rent equating to £15 psf.

Aitchison Raffety advised the original owner of the two units and the private investor.

For further information, contact Matthew Bowen, Director at Aitchison Raffety on 01727 843 232 or matthew.bowen@argroup.co.uk.