Lambert Smith Hampton - Industrial Letting - Saint Pauls, Bristol

Date: 02 Jun 2008

On behalf of Land Securities Trillium (LST), national commercial property consultancy, Lambert Smith Hampton (LSH), has sublet Backfields warehouse in St Pauls, Bristol to Leadbitter Construction. The 5,962 sq ft warehouse comprises a semi-detached industrial unit with office accommodation.

The subtenant Leadbitter Construction, a market leader within the UK construction and affordable housing markets, offers a complete turnkey service from feasibility and design conception, through planning and building regulations approval to construction services. Leadbitter is currently involved in the residential development taking place adjacent to the Backfields warehouse premises.

Tim Beare, Surveyor at LSH's Bristol office commented: "Backfields warehouse is situated in an ideal location for Leadbitter, adjacent to its residential development and within close proximity to the M32 and national motorway network. The flexibility of a short term lease along with immediate occupation made this property the perfect solution."

Leadbitter took a sublease at the passing rent of £23,500 per annum, equating to £3.94 per sq ft.

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