Britannia rules with 14 industrial unit lettings
Just a handful of units remain vacant at a Bedfordshire industrial estate after the completion of 14 lettings in the past 12 months.
One of the recent deals was completed in just three days, demonstrating the continuing demand for industrial and warehouse space across the region.
The Britannia Estate, in Leagrave Road, Luton, comprises a large multi-let industrial estate together with a separate 29,489 sq ft office property, known as Britannia House. There is a total of 58 units with a total area of 293,912 sq ft.
Since March 2020, agency surveyor Lyanne Jacob at Kirkby Diamond, acting on behalf of landlord Petchey Holdings, has completed 14 lettings totaling 105,186 sq ft, ranging in size from 632 sq ft to 41,500 sq ft.
New tenants include Origins Inc, Carissima, EAE Tutoring, Biker Gear Australia, Wallcano Tiles, Wiz Motors, SP Wholesale, 4mongery, and International Machine Tool Group.
Executive partner and head of commercial agency and business development, Eamon Kennedy, said: “Britannia Estate has attracted a huge amount of interest during the pandemic and Lyanne’s hard work has paid off with the completion of 14 new lettings, including one completed in just three days.
“With just a handful of units remaining, we expect the estate to be fully let very soon, which is a tremendous result under the current difficult economic circumstances.”