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Follow on Google News | Lambert Smith Hampton negotiate new lease on Haverhill industrial unitsActing on behalf of Smurfit Kappa Corrugated UK, Lambert Smith Hampton’s Cambridge office has negotiated a surrender of their existing lease at Lime Grove Industrial Estate, Haverill to enable a new lease to be granted to BFS Pressroom Solutions.
Units 4&5 Lime Grove Industrial Estate comprises a modern industrial unit extending to 15,449 sq ft. BFS Pressroom Solutions initially showed interest in sub-letting the property but agreed to take a longer term to facilitate the surrender deal disposing of the leasehold liability held by Smurfit Kappa Corrugated UK Limited. Commenting, Nick Thompson of Lambert Smith Hampton (LSH) said: “In the current market we are dealing with a number of this style of transaction. Landlords are proving very receptive to securing a new tenant on a longer lease term than is remaining on their current lease. It also means that the original tenant can walk away losing all liability of a property which is surplus to their requirements.” BFS Pressroom Solutions were already located in Haverhill and this transaction has enabled them to move into larger premises allowing growth of their business. Lambert Smith Hampton (LSH) Lambert Smith Hampton’ Cambridge office is a member of the Elite Cambridge Business Circle. LSH is a leading commercial property consultancy with an unrivalled national network focused on the UK and Ireland property markets. Its expert teams deliver a full spectrum of transactional and consultancy services and business-driven solutions for clients. LSH is the ‘UK’s most active national agent’ and ‘Top National Office and Industrial Agent’ (Estates Gazette’s ‘EGi Deals Competition’) Lambert Smith Hampton’s (LSH) Cambridge office is a commercial property consultancy providing property services and advice in Cambridge, the surrounding area and nationally. With LSH clients have the added advantage of each office being backed by the strength of a national office network. For clients, this means 10 key divisions and over 850 professional staff working together to address the commercial property difficulties you may face, anywhere in the UK. 6 Wellbrook Court Girton Road Cambridge CB3 0NA UK Tel: + 44 (0) 122 327 6336 Fax: + 44 (0) 122 327 6226 www.lsh.co.uk For more information contact: Nick Thompson Surveyor Lambert Smith Hampton Tel: 01223 276336 Email: nthompson@lsh.co.uk Anna Silkstone PR Coordinator (East Region) Lambert Smith Hampton Tel: 01727 834234 Email: asilkstone@lsh.co.uk Issued by: Murdoch MacDonald Fame Publicity Services E-mail FamePublicity@ Web: http://www.famepublicity.co.uk Telephone: 01292 281498 End
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