May 2020: Sandyford Properties has finalised a 15 year lease deal at Newfield Industrial Estate with Grenville Engineering.
This follows the recent agreement of a 10 year lease deal with long-established occupier Air Liquide. Together, the two businesses occupy 75% of the lettable site area on the estate.
Newfield Industrial Estate comprises of 131,000sqft of buildings on a 9.2acre site and is home to 20 businesses. It has been owned by Sandyford Properties since 2000.
James Lewis of Sandyford Properties commented: “We’re delighted to have secured two key customers on the estate on long term deals. Our ability to work closely with our customers has assisted significantly when agreeing lettings and renewals. Newfield is a well established and strategically located Industrial Estate and the fact that these companies have been there since the 1980s is testament to that.”
After 20 years in partnership, the two companies and Sandyford Properties are looking forward to another great decade. Grant Barratt of Grenville Engineering commented: “The location of the premises are ideal for serving our core customers, many of which operate in the local area. It’s also in a strong position with regards to transport links allowing us to easily serve customers the length and breadth of the United Kingdom.
“Our premises are ideal for our manufacturing activities and Sandyford’s work in tandem with us, ensuring the site and premises are kept to the highest possible standard.
“We have decided to continue our lease with Sandyford’s. They have always been a landlord who are good to work with, leading to a long term established relationship. This in turn has helped facilitate, and contribute to the success of our company over the period in which Sandyford’s have been our landlord.”