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The Vanguard Unit Bristol

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The Challenge

Norbert Dentressangle relocated their Asda tray wash facility to a new Asda Distribution Centre.. Cushman & Wakefield were instructed as sole agents to identify a new occupier, working in collaboration with the Project Management and Consultancy team, instructed in connection with dilapidations works.

The Solution

Cushman & Wakefield advised on dilapidations and undertook an early sustained marketing campaign leading to the successful re-letting of the property.

  • Providing combined leasing strategy, and dilapidations advice. 
  • Ongoing dialogue with key industrial occupiers, utilising national network of contacts and specific expertise of main logistics occupier activity.
  • Utilising local market expertise and occupier knowledge.
  • Marketing the property to ensure full exposure.
  • Conducting negotiations with preferred occupier.

The Results

The property was successfully let to Euro Car Parts within a short marketing period which commenced prior to the property falling vacant, resulting in a minimal void.

  • Dilapidations settled.
  • No refurbishment required to secure letting, despite poor condition.
  • Minimal void period.
  • High quality occupier secured on a 10 year lease.
  • Minimal rent free period, with incentive agreed by way of stepped rent arrangement.

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