Distribution Warehouse In Hounslow
17/01/2005
Slough Estates International, a leading provider of flexible business space, has let 693 Steyning Way part of its ‘thelhr.com’ portfolio, to Swanwick Tyre & Rubber Company.
The tyre company has taken the 469 sq m (5,050 sq ft) warehouse/ distribution unit on a 7-year lease at a starting rent of £41,662.50 pa – equating to £88.80 per sq m (£8.25 per sq ft). The tenant has an option to determine the lease at the end of the fifth year subject to the provision of 6 months prior notice and an exit payment of 4 months rent penalty.
DTZ Debenham Tie Leung and DeSouza advised Slough Estates.
Swanwick Tyre & Rubber were unadvised.
For further information please contact:
Bonnie Minshull, DTZ Tel: 020 7643 6305
Frank de Souza, De Souza Tel: 020 87073030
www.thelhr.com
www.SEGRO.com