Logicor lets 21,326 sq ft unit at Newbury industrial estate

By
Simon Creasey

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Logicor has let a 21,326 sq ft unit at Kennetside Industrial Estate on Bone Lane, Newbury, to Thatcham Butchers.

The company has taken the self-contained Unit B on a 10-year lease without a break at a rent of £10.50/sq ft.

The 31,672 sq ft Unit D is now the only unit available to let at the estate.

Bill Martyn-Smith, from Logicor, said: “We are pleased to welcome Thatcham Butchers as our latest tenant at Kennetside Industrial Estate and look forward to seeing them continue to build their business on the estate, supporting local jobs and industry. It was a pleasure to work with all involved in the letting. The estate is near full occupancy with just Unit D available, which we are due to commence the refurbishment of in the coming weeks.”

Alec White, from Haslams Surveyors, which is joint agent at the estate with Quinton, added: “We are delighted to announce the letting to Thatcham Butchers and secure an expanding local occupier for the estate whilst minimising the landlord’s void period to just one month. Swift decision making and a slick legal process allowed us to complete the transaction in a tight timeframe. This letting further demonstrates the strength of the Thames Valley industrial sector, where we continue to see healthy demand.”

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