Industrial and Logistics Agency / Industrial

Letting 16,000 sq ft (0.63 acres) parcel of land in Ilford

Client:

Urban & Provincial

Property:

16,000 sq ft of open storage yard/land

Address:

Mill Road, Ilford, IG1 2FH

We were instructed to let the site on Mill Road, introducing a suitable occupier temporarily for a rolling term. 

Insights Land on Mill Road map - Strettons

Located in the south of the London Borough of Redbridge, the site provided transport links to London and road connections via the North Circular Road.

A 12-month tenure was negotiated and agreed upon, while the planning exercise and subsequent sale to a residential developer were completed.  

We advised and identified a temporary leaseholder for the 16,000 sq ft (0.63 acres) parcel of land through active marketing campaigns and proposed tenant direct mailing.   

The site was let in March 2020 for a 12-month term at a rent of £35,000 per annum (£2.19 psf).