19 March 2019
On behalf of Safestore, SHW and Colliers have successfully let Units 13 & 14 Nelson Trading Estate comprising 17,439 sq ft of warehouse accommodation to natural healthcare and supplement company Forever Young.
Forever Young have taken an assignment of the lease which expires in 2025.
Immediately adjacent to the A24, the estate has distribution appeal being so close to a main artery into central London from the south.
Matt Ryan of Safestore commented: “SHW and Colliers were able to achieve a very swift letting for us for what was a legacy store which has subsequently been moved to a purpose built development in Morden Road.”
SHW Industrial Partner Alex Gale said: “Availability for certain South London locations continues to hover around 3.5% and despite political uncertainty, those distribution units well located and offering good clear open space with secure parking are letting well.”
Colliers Industrial Director Akhtar Alibhai commented: “The appeal of this location to occupiers is its proximity into London and its strong local workforce, which has led to a restricted pipeline of good quality warehouse units with a number of occupiers choosing to relocate here.”
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