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Enterprise Trade Centre

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The Challenge

Cushman & Wakefield have provided letting agency advice on this prominent South Bristol trade park for nearly 10 years, through different periods of ownership. A high level of occupancy has always been achieved throughout this period, with advice adjusted as appropriate to meet varying market conditions.

The Solution

In response to a large number of voids appearing during 2015, Cushman & Wakefield undertook a sustained marketing campaign to achieve full occupancy.

  • Ongoing dialogue with main national trade counter occupiers, utilising national network of contacts and specific expertise of main trade counter occupier activity.
  • Utilising local market expertise and occupier knowledge.
  • Marketing the park to ensure full exposure.
  • Conducting negotiations with preferred occupiers.

The Results

Cushman & Wakefield successfully fully let the park including four lettings in H2 2015.

  • Fully let trade park.
  • Increased headline rental tone by 23%.
  • Enhanced tenant profile to include national operators such as Screwfix and HSS Hire.
  • Strong letting activity in H2 2015 assisted client with successful transfer of the park from Legal & General’s FIX-UK fund, to IPIF.

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