Innes England has recently secured two new units, following an off-market commercial property deal, for workplace refreshment specialists R+R Hub.
R+R Hub, which is preparing to expand, designs and installs custom-built ‘micro-markets’ creating the ultimate refreshment hub for employees in the workplace.
Innes England, advised R+R Hub that there was an opportunity to acquire the neighbouring property as it wanted to secure the growth of its current headquarters.
Spanning around 8,000 sq. ft., the two units sit in a prime location, close to both Netherfield and Carlton train stations, and Colwick industrial estate. Currently occupied by polythene manufacturers Flexopack, the units at Pintail Close offer opportunity for future growth for Innes England’s client.
With its extensive connections and exclusive access to off-market properties, Innes England was able to acquire both the units for R+R Hub, neither of which were available on the commercial market, as part of an off-market deal with Nottingham agent Anthony Barrowcliffe of FHP.
Ross Whiting, associate director at Innes England who managed the sale, said: “R+R Hub came to us with a detailed brief of its requirements and we’re pleased to have delivered on its requests. We pride ourselves on being able to secure off-market, exclusive properties for our clients, going above and beyond to find the perfect site to suit their needs.
“Pintail Close was no exception and although the units were not initially available, we overcame the challenge and we were able to strike a successful deal for our client to secure the asset for future growth.”
Anthony Barrowcliff, surveyor at FHP, added: “I initially let Units 4 and 4A for the landlord so I am particularly pleased that I could go on to sell the investment. As a whole, there are currently very few opportunities within Nottingham to secure good quality industrial units or investments.
“With few assets of this size and nature available, we were able to agree the sale of this property before placing it on the market. There is strong investment demand for high-calibre industrial assets like Pintail Close which has meant investments like this have become very sought after”.
Simon Leadley, director of Refreshingly Rewarding Ltd, said: “The new units are exactly what we were looking for when we approached Innes England. It’s not easy to find two adjacent units available at the same time so we were really impressed with Innes England’s ability to secure both sites, despite one not being commercially available.
“We’re really pleased to now own three units next to each other, with all the opportunity this brings for the future of R+R Hub.”