LM6 acting on behalf of Vantage Industrial Ltd & Suffolk Life Annuities Ltd have completed two lettings at Millers Bridge, Bootle.
Units 6 and 7 each extending to 5,475 sqft have been taken by UK Easy Forwarding & Think Access Group
The former Victorian mill buildings a landmark in the locality, were comprehensively refurbished and let within weeks of the works completing.
Both have been let at rents in excess of £ 6.50 per sqft resulting in a 100% increase in rental value & the estate is now fully let.
Anthony O’Keefe comments: This estate demonstrates the benefits of an active asset management plan in upgrading existing industrial accommodation to reflect current operational requirements.
Whilst the investment market continues to re-adjust against a backdrop of the current ‘cost of living crisis’ and fluctuating interest rates, occupational demand remains strong with secondary rents now on par with pre-COVID prime rental values
LM6 were retained as sole agents.
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