16 May 2017
SHW Business Space have let in excess of 44,000 sq ft at Redhill Aerodrome to Ace Hygiene on a ten-year lease, which makes it one of the largest industrial lettings this year in Surrey.
Alex Gale, Head of Business Space for South London, Surrey and Kent commented: "This letting highlights the scarcity of larger available units in the Surrey market and the lack of new sites coming forward for future development to soak up demand."
For more information about South London Business Space contact
Alex Gale: firstname.lastname@example.org 0208 662 2704
Ace are relocating part of their business from South London and are having to travel further away from their main base due to the lack of stock and the substantial rental uplifts and cost increases that companies are seeing closer in to London.
Redhill Aerodrome is managed by SHW and this letting is the last major void at the aerodrome bar an aircraft hangar and office space in a newly launched business centre.
CEO Ann Bartaby commented: "We are delighted to have secured a tenant for this space and are pleased to welcome Ace to this cost-effective distribution location."