Marketing and pre-let of new build commercial space to national brand in E16
Client:
Telford HomesProperty:
Mixed Use New BuildAddress:
Unit 1, Atlantis Avenue, London E16 2UBMarketing and pre-let of new build commercial space to a national brand in E16. Part of a new mixed-use development, with residential on the upper floors and commercial units on the ground floor.
We achieved a pre-let to Co-operative Food Group Limited on the largest unit, where they took a new 15 lease with a tenant break on the 10th year, and RPI reviews every 5 years. We were able to achieve a strong yield despite the difficult market conditions at the time due to Covid, achieving a net initial yield of 5.5%.
We were brought in early to advise on the marketing strategy for the commercial units for Unit 1, Atlantis Avenue, a new mixed-use development, with residential on the upper floors and commercial units on the ground floor.

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