Commercial property letting agents Monk & Partners have secured a letting of units 5 and 6 Marjorie Court to Bearing Options Ltd. Located on the established and popular Saltash Parkway estate, the units were constructed in 2008 and comprise a terrace of 4 units suited ideally to smaller businesses.
Having been instructed by the private owners, following two previous tenants simultaneously vacating, the agents identified the new tenant who were looking to relocate from smaller premises elsewhere in the town.
The units had a floor area of circa 500 sq ft each with partial mezzanines above and a rental of £10,000 p.a.x. was sought.
A new lease of the pair of units was agreed for a term of 6 years.
John Slade of Monk & Partners stated ”these units have always proved popular to the smaller or start up business. Since their construction in 2008 we have been instructed to let them at different times and each time voids are short lived due in part to the quality of the units, the landlord being flexible on the lease term granted and also the added benefit that business rates are nil in the current regime. Furthermore the units are located adjacent to the A38 providing easy access to the rest of Cornwall and the Tamar crossing into Devon, Plymouth and beyond.”