Acting on behalf of one of his long standing clients, Mark Slade of Bruton Knowles Plymouth office has let 96,000 sqft of warehouse space to the University Hospitals Plymouth NHS Trust.
The transaction has taken the best part of 2 years to complete and as part of the transaction the Landlords undertook a major refurbishment of the 1960’s built unit that included a complete external ‘strip and reclad’ as well as internal redecoration throughout.
Mark Slade of Bruton Knowles stated "to see this 1960’s built unit transformed into what it is now has been a privilege to be a part of, a project such as this doesn't come along that often, so to finally execute a deal of almost 100,000 sqft of space in the Plymouth area is something our office is very proud of. We cannot thank both our client and the University Hospitals Plymouth NHS Trust enough for their vision, belief and tenacity in getting this transaction completed."
The building will provide greater flexibility and much needed additional space for the hospital, being utilised as office accommodation, training facility and warehousing with the potential to relocate some clinical support services in the future.
The new lease commenced on the 1st July.
Michael Underhill commented "we are absolutely delighted with the project, Mark Slade at Bruton Knowles came to us with this occupier almost 2 years ago and to see it now come to fruition with a long term lease is a truly great result, our sincerest thanks to the team at Bruton Knowles, Stephens and Scown Solicitors in Exeter, Bevan Brittan Solicitors in Bristol and University Hospitals Plymouth NHS Trust."
Shaun Mann, Senior Category Manager for Estates & Facilities at the NHS Trust said "this facility provides a fantastic long term strategic solution to the NHS in the Plymouth area, we are grateful for the time and effort everyone has put in to bring this matter to a satisfactory conclusion."