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Storage & Distribution Acquisition in Hampshire
Finding and acquiring a European distribution centre with complex requirements
Background:the International Division of this multi-million-dollar manufacturer of ergonomic positioning products needed a European distribution centre.
Challenge: the UK staff had no experience of acquiring commercial property and no time devote to the task.
Solution: Culverwell Consulting carried out a comprehensive search within a defined location to meet specific requirements, short-listed three properties and negotiated the most favourable terms.
Benefit: Jobri’s warehouse is on a 9-year lease with rent reviews (and a break clause) every 3 years; in addition, we have significantly limited the tenant’s repair obligations.
No time to find the right property