THE BRIEF
Client and location: Almcor (landlord) at Melton Mowbray Commercial Park
Sector: Industrial and Warehousing
Services provided: Agency & Development: Lettings
Challenge: Following the liquidation of the previous tenant, Units C and D at Melton Mowbray Commercial Park, totalling 13,371 sq ft, were left vacant. The challenge was to quickly secure a new tenant for the space, minimising the void period and ensuring the property’s modernised facilities were effectively showcased to attract interest in a competitive market.
Client Testimonial
“This is a great new space that will help us continue to expand our operations. Innes England were a great help finding it for us, and we’re looking forward to making it our own moving forward.”
Mark Brooks, Director at Digital Deadline
The Solution
Proactive leasing support by Innes England:
- Swift tenant acquisition: Leveraged local market knowledge to secure a tenant within five months, ensuring minimal downtime for the landlord.
- Market positioning: Positioned the refurbished space as an ideal solution for growing businesses, emphasising its versatile design and modern features.
- Negotiation expertise: Facilitated a five-year lease agreement with Digital Deadline, a family-owned Leicestershire business specialising in signage, displays, and wall wraps.
The Results
- Quick turnaround: Secured a new tenant within five months of vacancy, minimising lost revenue for the landlord.
- Local business growth: Supported the expansion of Digital Deadline by finding a functional and well-located warehouse space to meet their operational needs.
- Enhanced property appeal: Almcor’s refurbishments, combined with Innes England’s marketing expertise, made the space highly attractive to prospective tenants.
Conclusion
Innes England’s swift and proactive approach to tenant sourcing and lease negotiation at Melton Mowbray Commercial Park ensured a seamless transition for all parties. By combining strong market knowledge with effective collaboration, the team successfully minimised void periods for Almcor and supported the growth of Digital Deadline. This case highlights Innes England’s ability to deliver tailored solutions that drive value for landlords and tenants alike.
“This was a great deal to be involved in with all parties coming away satisfied. We were able to minimise our clients’ time between tenants and have found a new home for a local family business to continue to grow and expand in a great new location. The quick turnaround of this deal shows the vibrancy of Leicestershire’s market at the moment, with plenty of opportunities and interest.”
Nell Balfour-Farnon, Surveyor