Commercial Property News: December 2016

Sunderlands successfully let Building 420 at Ramsden Road, Rotherwas, to Showroom Climbing.  The property extended to nearly 15,000sqft in total and is a large high-bay warehouse with extensive, well specified offices at first and second floor level.  The premises were let on the back of an asking rent of £47,500 per annum.

Acting on behalf of Herefordshire Council, Sunderlands sold Ashburton Depot, Ross-on-Wye, subsequent to an informal tender.  The premises extend to a total of nearly 7,000sqft on a 0.7 acre site and achieved a figure well in excess of the £350,000 guide price.

Acting on behalf of Morbaine Limited, Sunderlands let Monkmoor Court in Commercial Road to public sector applicants.  The property extended to nearly 7,500sqft of good quality, modern refurbished offices and had the benefit of a lift and air conditioning.  In addition there were car parking spaces for 19 vehicles.  The premises were marketed on the basis of an overall rent of £10psf and £500 per parking space with the total asking rent being £84,420 per annum on the basis of a 5-year lease.

Sunderlands have recently provided valuation consultancy services to a substantial occupier on the Rotherwas Industrial Estate in relation to a large industrial complex together with valuation advice in relation to out-of-town industrial premises. 

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