Acting on behalf of a private family trust, Aitchison Raffety (Hertfordshire Office) has let unit 1, Fenbright Works, Northbridge Road, Berkhamsted, Herts, HP4.
Aitchison Raffety was approached by the landlord to rent the building out, and they were able to pinpoint a tenant before the property had even been marketed. The tenant, Ultimate Promotions Ltd, has moved to expand within the local area, relocating from Ebberns Road, Hemel Hempstead.
A new lease has been agreed for a term of ten years and was signed within two weeks of agreeing terms.
Ian Archer, Director at Aitchison Raffety (Hertfordshire Office) commented that the speed of the transaction shows the shortage of available space, with tenants now realising how quickly terms have to be agreed and leases signed in order to secure the few remaining buildings available.
Contact Ian Archer, Director at Aitchison Raffety on 01442 220 801 or via email@example.com.