News

New Industrial Development Now Under Management

Stratton Creber Commercial are pleased to announce their appointment as managing agent of a recently developed industrial investment on behalf of Patrick Investment Ltd.

The property at Estover Industrial Estate consists of four industrial units totalling circa 38,500 square feet, formed following the partial demolition and redevelopment of a single building.

With the client having pre-let all but one of the units prior to completion of the build, Stratton Creber Commercial were tasked with setting up the service charge budget and unit apportionments at pre-contract stage, subsequently implementing service contracts on the property and the ongoing management of the investment following practical completion.

Managing Director of Patrick Investment Ltd, Andrew Patrick, said, “The team at Stratton Creber Commercial provided us with invaluable advice, helping us to put together the leases and service charge budgets for our new tenants at Plymbridge House. They did a lot of work prior to the completion of the project which ensured a smooth transition for all of us. I am delighted that they are now managing this investment and look forward to working with them again in the future.”

This new instruction is a result of Stratton Creber Commercial’s continued strategy promoting expansion of their management portfolio throughout Devon and Cornwall.

If you have a commercial property that requires management, or have any enquiries relating to commercial property management please contact Chris Reed at Stratton Creber Commercial on 01752 670700 or chrisr@sccplymouth.co.uk