Triple Letting Takes Admiral Hyson Estate To Full Occupation

October 2, 2013

Legal & General, advised by DE&J Levy has let 13,394 sq ft of warehouse space at Admiral Hyson Industrial Estate, south east London.

The three lettings to London Event Hire, Paragon Projection and Carpetright plc follow an extensive refurbishment programme. The estate, which is located off Galleywall Road in Southwark, is now fully occupied.

The largest unit (5,294 sq ft) was let to London Event Hire at a rent of £12.50 per sq ft. Carpetright Plc has taken a 4,060 sq ft unit at £10.50 sq ft and the remaining 4,060 sq ft unit was let to Paragon Projection at £11 per sq ft. All lettings were on six-year terms.

Will Hutchinson of DE&J Levy commented: “The letting market in 2013 has been characterised by a real shift towards quality refurbished stock due to the continued lack of new development. Admiral Hyson is a classic example of a high quality refurbishment minimising voids and maximising rents”.

The refurbished industrial units include first floor office space, allocated parking and loading facilities to the front of the buildings. The three units were let on six-year terms to bring them into line with lease expires on the remainder of the estate.

–       ends –

Latest News

Local Wholesale Butchers leases 20,000 sq ft unit in Newbury

July 1, 2025 - 10:42

Logicor, advised by Haslams LLP, has secured a letting at Kennetside Industrial Estate, Bone Lane, Newbury to Thatcham Butchers Ltd.  This is the second letting secured on the estate since Logicor bo[...]

+ Read More

Golf Simulation Company Full Swing Secures Showroom at Millars Business Park, Wokingham

June 16, 2025 - 11:07

IPIF, advised by Haslams LLP, has announced the letting at Millars Business Park, Fishponds Close, Wokingham to Full Swing EMEA Limited, a leading innovator in golf simulators and sports performance t[...]

+ Read More

GCW STRENGTHENS ITS OCCUPIER ADVISORY TEAM WITH NEW RECRUIT AND PROMOTES CHRIS KENEALY TO ASSOCIATE DIRECTOR

June 16, 2025 - 11:04

GCW has enhanced its client service offer with the appointment of Bobby Share as a surveyor in its occupier advisory division and the promotion of Chris Kenealy to Associate Director in its Owner team[...]

+ Read More

CONTACT

CALL US

+44 (0)20 7647 4420

ADDRESS

25 Westwood Road, Newbury, Berkshire, Newbury, RG14 7TH