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Industrial Leasing

Rawmec Business Park, Plumpton Road, Hoddesdon, EN11 0EE


Client

Kechto Holdings Limited

Property

Multiple industrial ground floor spaces ranging from 1,615 ft2 to 7,406 ft2.

Project Summary

This instruction was secured during the early refurbishment phases of this scheme which was planned to provide significant industrial spaces aimed at B1 users migrating out of the M25 band.

The estate comprises of circa 75,000 sq ft of Industrial and Office space. Of which, roughly 90% is industrial. The Office space is arranged over the ground and first floors to the front of the estate (pictured above).

Strettons have been particularly active in the Hoddesdon and Harlow areas where many of our acquisition clients are looking to relocate.

Our client was advised that the anticipated catchment market would include businesses relocating outside of London. This is much the same across the board for the industrial market where supply has become increasingly strained.

This year alone we have already we have transacted on circa 60,000 sq ft in Hoddesdon over 8 separate deals. We have achieved up to £8.50 per sq ft and still have a growing number of applicants interested in taking up space within this location. The site currently boasts a number of good tenants, namely ISUZU and August International Limited.

The disposition and inflated value of industrial stock throughout London has seen many businesses look to relocate. In particular many firms have relocated north of the M25, where many substantial industrial locations still exist.