Landa Associates are delighted to announce another pair of record-breaking rental successes – the latest in a streak of high-calibre transactions we’ve completed since launching a little over a year ago.
Acting on behalf of the landlords, Sunny Landa and joint agent Christopher Wright of OMEETO have let Unit 6, Langley Park at Langley Mill Industrial Estate to local damage restoration specialists Rainbow Restoration, and a superbly-appointed unit at Ascot Park, Sandiacre to industry-leading tooling supplier, Matrix Tooling.
Sunny and Chris secured an exceptional, market-defying rent of £10 per sq ft at both sites.
Matrix Tooling, which is part of the multinational Rubix Group, and Rainbow Restoration have agreed to take their new premises for 5 years, bringing much-needed employment opportunities to Sandiacre and Langley Mill.
The letting at Langley Park was completed on behalf of Heritage Properties owner Clive Stevenson, with whom Sunny enjoys a longstanding relationship.
Ascot Park in Sandiacre is managed by Landa Associates on behalf of private landlords
Sunny Landa, director of Landa Associates, said: “We’ve broken the mould and raised the bar with these two deals, so I’m truly delighted for both landlords. Clive’s industrial properties continue to be in high demand so it was a pleasure to secure a tenant as exciting as Rainbow Restoration, who are going great guns and picking up loads of new business.
“Similarly, it’s fantastic to be able to bring Matrix Tooling – part of a blue-chip company – into the fold at Ascot Park. Many thanks to Chris Wright for, as ever, being such a pleasure to work with and huge congratulations to all concerned.
“I would urge any landlords that want to grow their rents – whether they’re in the industrial or commercial/retail sectors or own a mixed portfolio – to get in touch with us.”
Clive Stevenson of Heritage Properties said: “Sunny and Chris have – once again – come up with the goods! I’d like to thank them for their consummate professionalism in getting these deals completed. Moreover, I can’t thank them enough for the remarkable result they achieved rent-wise. It’s set a new bar for rents in Langley Mill, so I’m absolutely delighted with the outcome.”