DOUBLE LETTING SUCCESS FOR IPIF IN WOKINGHAM

April 8, 2024

IPIF, advised by Haslams Surveyors and Cushman & Wakefield, has achieved two lettings totalling over 22,500 sq ft at its Millars Business Park at Fishponds Close, Wokingham. There are now only two units remaining at the 32,630 sq ft industrial/warehouse development.

Hiper Global UK, a global leader in providing application-specific and industrial computing solutions has taken the 13,808 sq ft unit 5 while Carbon Rewind has leased unit 4,a 8,698 sq ft property. The latter occupier offers comprehensive energy efficiency solutions to households across the UK, helping reduce energy bills and lower carbon emissions.

Both transactions are for 10-year leases and the quoting rent is £15.50 per sq ft.

Millars Business Park is a new development of four grade A industrial and warehouse units that was completed last August. The buildings have first floor offices, allocated car parking with EV charging and PV roof panel.

Two units of 5,440 sq ft and 4,692 remain available to let. These can be combined to form a total unit of 10,132 sq ft

Aaron Burns, Director – IPIF Trade said: “The lettings highlight the strength in demand for top quality, industrial and warehouse premises in the Thames Valley with solid green credentials.”

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