Capreon AM announce new lease of a prime 52,458 sqft distribution unit has been secured at Eurocentral Motherwell.
Capreon AM are thrilled to announce that another new lease of a prime 52,458 sqft distribution unit has been secured at Eurocentral Motherwell, with Biffa Waste Services Limited for 21 years. Capreon AM were advised on the letting by Galbraith & Cadence CPC Limited. An early surrender had been secured with then occupier, FedEx including a dilapidations settlement allowing the unit to be refurbished, project managed by Galbraith.
Daniel Hall, Asset Director for Capreon AM says
The continuing strength of the occupational market and this location, gave us the confidence to recommend surrender discussions to our client's occupier,
Which successfully delivered vacant possession 4 months early
Our client agreed to immediately start a £700,000 refurbishment project, whilst new terms were secured with Biffa, who we knew required access to a new unit quickly.