20 Nuffield Way Abingdon
silhouette black man survey and civil engineer stand on ground working in a land building site over Blurred construction worker on construction site.
Client
Opcare Limited
Sector
Commercial
Location
Abingdon
How we helped
Industrial
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@ Robbie Gibbons
Robert Gibbons
Tenant Advisory - Southern
01865 404426 email me about Robert
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Robert provides advice on agency, investment and development matters to a wide variety of clients from private individuals through to property funds and institutions. Robert advises both owners and occupiers in the marketing and disposal of property as well as property acquisitions.

I can provide advice on:

Acting on behalf of Opcare Limited, Carter Jonas were instructed to advise on disposal options for a client in respect of a lease held on a property which was surplus to requirements.

The property is situated on the established Nuffield Industrial Estate, Abingdon and comprised an industrial unit extending to 10,843 sqft.
Carter Jonas advised on the options available to the client which included to either surrender, assign or negotiate a new lease between a prospective Tenant and Landlord.

Carter Jonas launched the property to the market and were able to secure a new tenant for the unit, whilst effecting a surrender of their clients lease and meeting the objectives of all parties.

This also resulted in a higher passing rent for the landlord as the new lease was agreed at the market rent, approximately £0.50 psf higher than the previous lease.

Carter Jonas advised on the existing lease to Ability Matters and the best method of alienation and secured a new tenant for the landlord resulting in a successful lease surrender and re-grant of a new lease.