9 May 2011
Capita Symonds’ Real Estate division
has let 6,000 sq ft at Unit 2, The Brent Trading Estate, Neasden,
on behalf of clients of Henderson Global Investors.
Growell, the UK’s largest supplier of
hydroponic growing equipment, has taken a ten year lease with
breaks at the third and fifth year at a rent of £7.50 psf.
With the proximity to Park Royal and Wembley, the transaction
represents a significant success in attracting an A1 covenant to
the estate and takes the 55,000 sq ft estate
to 100% occupancy.
Capita Symonds has also agreed with the tenant
that the initial six months rent free period will be returned to
Henderson if the third year break is exercised.
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