Leading Wiltshire commercial agents KAVANAGHS are delighted to confirm that they have successfully let a self-contained lock up shop on Commercial Road in Swindon in record time.
Commercial Property Manager, Stephen Brickell, commented “having been approached by a long standing commercial landlord, who I had the pleasure of being employed by many years ago, he faced the difficult request from his existing tenant of their desire to leave the property before lease expiry. Our very sensible client agreed to instruct us to market the property and then consider the existing tenants request if a suitable replacement tenant expressed interest in the property.
I was delighted when we were able to find a new tenant, at the asking rent who wishes to take a 15year lease in the first week of marketing at the asking rent. We then immediately instructed Greg Callard of Royds Withy King to complete the lease.”
Greg Callard, partner of Withy King Commented “with Stephen once again out performing any other agent we deal with, the pressure was on to match his performance. We agreed and completed a lease surrender and new letting all in a week which demonstrates how important it is to have a good working relationship between agent and lawyer. This is very much a great deal for the landlord and I am very pleased he has been so effusive in his praise for us both.”
Stephen added ”despite the record time this letting completed in we are still receiving enquiries for the property and have several under bidders so if you are a landlord with a property to let or do not hesitate to call us. The retail sector is very much alive and kicking, so long as the rent is correctly set and you have the right marketing and professional advisors.”
For further information or if you have any surplus commercial property to sell or let or are a Landlord in need of Commercial Management advice contact Stephen Brickell of Kavanaghs on 01225 341490.