Investment News | 23 May 2023
Deal agreed for prominent industrial property
A water and environment sustainability specialist has relocated to a prominent industrial unit in Derby.
Stonbury, which works with the UK’s water companies and the Environment Agency, has moved to Unit 5 Sidney Robinson Business Park, Ascot Drive, in a deal facilitated by Salloway Property Consultants.
William Speed, from Salloway, acted on behalf of a private landlord client to secure the new tenant for the 10,000 sq ft industrial unit shortly after it became vacant.
He said: “There remains exceptionally high levels of occupier demand for industrial space of this nature – a point proven by the fact that were able to secure such a high-quality tenant within just one week of the property becoming vacant.
“The property, which benefits from excellent visibility and access, will provide Stonbury with the perfect platform for their planned growth locally and I wish them all the best in their new premises.”