Asset Management – Brandon, Norfolk
Fletcher King, acting as asset managers on behalf of a retained family trust, are pleased to have recently completed a new 10 year lease to STV International Limited on a newly refurbished logistics property in Fengate Drove, Brandon, Norfolk.
Having negotiated an early surrender premium and dilapidations settlement with the former tenant, our team instructed and oversaw a comprehensive refurbishment of the site to provide good quality logistics space achieving a significantly enhanced rent and capital value in the process. Many thanks to our letting agent Richard Pyatt at Hazells for his work with us in sourcing the new tenant.
The outcome demonstrates how Fletcher King’s injection of creativity and proactive asset management continues to deliver exceptional returns. If you’d like to understand more about our approach to asset management and how we have built long term, successful relationships with our clients then please get in touch.
Thanks to Chris Bradshaw MRICS for all his hard work on this project.