Recognising our expertise in the M27 warehouse market, Portsmouth based Nolato, Power Tecnique, based on Sopwith Park, Segensworth, near Fareham and Metabo UK, at 25 Majestic Road, Nursling, Southampton, have appointed Maughan Mitchell to handle rent negotiations for them.
Maughan Mitchell are now considering options for the acquisition of new warehouse space in south Hampshire, along with options for the Renewal of existing leases, with a Rent Review to also consider.
Nolato, Power Tecnique and Metabo collectively occupy over 170,000 sq ft of warehouse space in the M27 corridor. As experts in the area of Business Rates, MM are also considering Rateable Value levels across the region. With this cost now being in excess of 50% of a property’s Rental Value, this is an area of growing interest for our clients, who naturally are keen to use our expertise to keep rent and rates costs as low as possible.