Drake & Partners

Recent Deal

Occupational advice to Eskmuir Properties

Wollaston Park, Wollaston

127,542 Sq Ft
Wollaston

Contact us

Contact: Nicholas Roberts

Tel: 01604 620616

Email: nroberts@drakeandpartners.co.uk

Drake & Partner shave fully let Wollaston Park, Wollaston on behalf of the landlord, Eskmuir.

The estate, which encompasses 15 units totalling 127,542 sq ft was in poor condition and over half of the units were vacant when Eskmuir purchased the estate.

Over the intervening period, Drake Commercial assisted Eskmuir in implementing an asset management strategy which incorporated a comprehensive refurbishment of the vacant units. The refurbishment paid dividends with Drake Commercial completing eleven new lettings and two lease renewals leaving the estate fully let.

As a result of the refurbishment and proactive asset management programme implemented, the overall rental income on the estate increased by nearly 70% since the landlords purchased the estate.

 

 

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