24 May 2016
Two Large Warehouses in Didcot let to Blue-chip Occupiers
On behalf of an institutional investor, M7 has completed the refurbishment and letting of two large warehouse units on Didcot Park, Didcot, Oxfordshire totalling 27,683 sq ft. The estate comprises 10 units and is 109,235 sq ft in total.
Both units were extensively refurbished which allowed M7 to secure blue-chip occupiers for them whilst increasing the rental levels of the estate by more than 13%. A further 2 units are available and M7 is confident that these will be let quickly.
Alex Woodall, Asset Manager at M7 comments: ‘The short vacancy period for these two units demonstrates both the strength of the occupational market in Didcot and the results that can be achieved by offering the right product to the market.”