Faced with a 30% hike in their rent at Rent Review, at their Corsham facility, located between Chippenham and Bath, aerospace/defence tech company, Chemring Plc, turned to Maughan Michell, as specialists, to represent them.

Through robust negotiation, MM were pleased to be able to reduce the 30% proposed by the owner, to a much more modest 7%. Given that industrial rents have risen dramatically and consistently over the past few years, particularly along the M4 corridor, this was an extremely good outcome for our client.