DIY Conveyancing Kits – Not Enough Protection

hartwell Land has also signed a deal with Tranville Developments to forward fund the development of a B&Q Warehouse and Halfords unit at Sheepfold Street, Grimsby. The £18m scheme provides for the redevelopment of the existing B&Q Supercentre and Halfords units, and will provide a 9,569 sq m (103,000 sq. ft) B&Q Warehouse, together with a fully fitted Halfords unit of 697 sq m (7,500 sq ft).

Earlier in the year Chartwell Land and Grantchester swapped properties in Cardiff and Norwich which resulted in Chartwell Land purchasing a nine-acre site at Culverhouse Cross, Cardiff from Grantchester. The site is being redeveloped to provide a new 9,197 sq m (99,000 sq ft) warehouse that has been pre-let to B&Q. The purchaser is a private overseas client of Andrew Barrs & Co, and Andrew Mayer Associates; the deal reflects a net initial yield of approximately 9%.

The Ericsson Building was developed in various phases between 1986 and 1992 and comprises a combination of offices and research & development accommodation, extending to approximately 14,319 sq metres (154,134 sq ft). Upon disposing of the freehold interest, Ericsson Limited simultaneously entered into a new full repairing and insuring 12-year lease at a commencing rent of £1,850,000 per annum, equating to approximately £129.17 per sq m (£12 per sq ft) overall.

The purchaser is a private overseas client of Andrew Barrs & Co, and Andrew Mayer Associates; the deal reflects a net initial yield of approximately 9%. The Ericsson Building was developed in various phases between 1986 and 1992 and comprises a combination of offices and research & development accommodation, extending to approximately 14,319 sq metres (154,134 sq ft). Upon disposing of the freehold interest, Ericsson Limited simultaneously entered into a new full repairing and insuring 12-year lease at a commencing rent of £1,850,000 per annum, equating to approximately £129.17 per sq m (£12 per sq ft) overall.

In this way, before you begin considering doing the conveyancing yourself, we should take a gander at a few reasons why you ought to utilize a skillful conveyancing firm to do the employment for you.  Nelson Bakewell and Morgan Pepper represented Frogmore, who are now marketing four other small units (ranging from 1,500 square feet to 3,000 square feet) on the ground and first floors.

Redhouse Projects Ltd, a Teesland Group plc (Teesland) and Clugston Estates Ltd (Clugston) joint venture has let a 234 sq m (2,518 sq ft) modular unit on a thirty-year FRI lease, at a rent of £50,000 pa to McDonalds Restaurants Ltd. This modular unit at Redhouse Interchange is amongst the first of a new type. The infrastructure works for the business park have started and the completion date for McDonalds is scheduled for March 2002.

 

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