Lymedale Business Park, Newcastle under Lyme
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Lymedale Business Park Newcastle under Lyme
Staffordshire – Distribution
This was a recent rent review of a high quality modern distribution building on one of the regions premier distribution parks. The market evidence for older industrial stock was a lower rent so it was important to build a case for the regional distribution market rather than the local industrial market. We spent a considerable amount of time looking at every similar building in the M6 corridor to give us the information we needed to prove a significant increase. Our client, Good Harvest Group Limited, the owners of the building were very pleased with eventual settlement – and increase of 25%.