Milton are on site refurbishing the above industrial unit to provide a modern unit in excess of 12,000 sqft (GEA).
The works comprise a new roof, external cladding and a new recessed loading area.
All works are expected to be complete by March 2020 and the property is available to let via retained letting agents JLL and DTRE. (Please click on the links for the marketing brochures). The property has the considerable benefit of a flexible planning consent – A1, B1, B2 and B8.
Stuart Smith Director stated “This property has great prominence onto the North Circular Road and has a good size yard to the front of the unit. The refurbishment will greatly improve the asset and we look forward to working with our joint agents to secure a new tenant”.
Further details on the refurbishment works are available from Stuart Smith and all letting enquires should be directed to our joint letting agents.
Milton has now completed the refurbishment of Unit D, including internal and external works, and is now available via our joint agents Jll and Glenny (please click the link for the marketing brochure). The unit comprises 7,915 sqft of warehouse accommodation and is in a prominent position fronting Blackhorse Lane, which links the North Circular to Blackhorse Lane Tube Station. The area is experiencing a major transformation and offers an excellent trade counter opportunity in a busy area of North London.
Milton has acquired the Freehold interest in Trojan Court, Laporte Way, Luton.
The property comprises 2 modern warehouses totaling approximately 24,000 sqft on a large site of over 1.65 acres.
Tim Baker, Director at The Milton Group stated “We are very pleased to have secured this high quality investment in what is a competitive industrial sector. We are actively looking for similar quality investments in London and the Home Counties”
Daniel Grant at Stonehill Partners advised Milton on the acquisition.
Milton have let over 10,000 sqft at Unit C, Station Approach in Norbiton to Stretch Events Productions Ltd.
Olly Sylge , Director at the Milton Group commented. “This was an exceptional deal to get over the line before Christmas. Having taken the unit back from the previous tenant less than 2 months ago it is great to see the unit occupied again. Thanks especially to Gerry Connolly at Cogent and Alex Lewis at Lewis & Co who combined well as our letting agents to get this completed so quickly.”
Milton have completed a new lease to Galaxy Insulation and Dry Lining.
Andy Robinson, asset manager at the Milton Group commented. “I was exceptionally pleased to be part of a transaction that allowed us to assist an existing tenant and at the same time welcome Galaxy to the portfolio. All parties worked together to enable a smooth transaction”
On the 25th October 2019 The Milton Group completed the sale of the attractive retail and leisure asset 3c Dorset Street and 6-10 Bank Street, Sevenoaks. The investment property is let to Giggling Squid and two independent occupiers and having completed the asset management plan for the property we were able to offer the market a WAULT in excess of 13 years.
The Milton Group used retail specialist Joe Baio at Fawcett Mead to advise on, and complete, the sale of this asset.
Mark Douglas at The Milton Group commented “the long unexpired income, along with tenant diversification, in a small lot size was well received in the market and enabled us to achieve a satisfactory outcome for our disposal.”
Following refurbishment Milton have let their warehouse unit on Fishers Way, Belvedere.
Tim Baker commented “This property let very quickly vindicating our belief that the Belvedere / Erith area is a key London B1, B2 & B8 location and proving that demand remains strong for mid size warehouses with self contained yards. The property was acquired in 2018 and we have substantial funds available for similar acquisitions, please contact me with any ideas”.