THE BRIEF

Location: Limesquare Trade Park, Grantham

Sector: Industrial

Client: Marchdown Holdings

Service provided: Agency & Development: Lettings

Challenge: Marchdown Holdings undertook a comprehensive refurbishment of six trade counter units at Limesquare Trade Park to reposition the estate as a modern, attractive location for occupiers. The landlord required swift and effective marketing of the refurbished units to secure new tenants and demonstrate early success at the scheme.

The Solution

• Targeted marketing of refurbished space: Innes England promoted the significant upgrades across the estate, which included reclad elevations, LED lighting, new WCs and kitchenettes, internal and external redecoration, concrete yard renewal and an estate-wide solar panel installation to reduce occupier utility costs.
• Proactive lettings strategy: Through a proactive approach, Innes England identified Billing & Tackle Ltd as a strong match for Unit 15. The unit met all of the business’s requirements and with the support of Marchdown Holdings and their legal team, lease completion was achieved in just three weeks from terms being agreed.
• Collaboration with stakeholders: Close coordination between Innes England, the landlord, and legal advisors ensured the process was handled quickly and smoothly, allowing the occupier to move in without delay.

The Results

• First letting secured: Billing & Tackle Ltd took the first of the six refurbished units, marking an exciting expansion to their second location.
• Further expansion: Since the successful letting of Unit 15, Billing & Tackle Ltd has also taken on the neighbouring Unit 16.
• Fast turnaround: Lease completion within three weeks of agreed terms minimised void period for the landlord.
• Strong occupier feedback: The tenant praised Innes England’s flexibility, speed, and understanding in helping them set up quickly.
• Strong pipeline: Two further units are currently under offer, highlighting continued momentum and demand at the scheme.
• Further opportunities: Units ranging from c.1,200 to 7,102 sq ft remain available for immediate occupation, with excellent transport links to the B6403, A52, and A1 via the new Southern Relief Road.

conclusion

This project highlights Innes England’s ability to deliver rapid results for landlord clients through effective marketing, proactive agency work and strong stakeholder collaboration. The successful letting at Limesquare Trade Park demonstrates the appeal of high-quality, refurbished trade counter units in Grantham, with continued momentum evidenced by the tenant’s expansion and further units under offer.

George Hughes, Graduate Surveyor at Innes England:

“It was clear from the initial viewing that Unit 15 met all of Billing & Tackle’s requirements, and with the support of Marchdown Holdings and their legal team, we were able to complete the lease within a three-week period from terms being agreed.”

Danny Chapman, Billing & Tackle Ltd:

“George and all of his colleagues were a great help in securing our unit at Limesquare Trade Park. We were super impressed with the flexibility and fast-moving nature of everyone and how understanding they were in helping us get set up super-fast.”