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ROYSTON FIVE YEAR RELOCATION PLAN COMPLETED

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ROYSTON FIVE YEAR RELOCATION PLAN COMPLETED

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ROYSTON FIVE YEAR RELOCATION PLAN COMPLETED

Publish Date: June 01, 2018

Robinson Layer has completed a five year relocation plan on behalf of Royston Labels who have consolidated their occupation of five industrial units with the acquisition and total refurbishment of 17-20 Greenfield on the Orchard Road estate.  This building totals over 60,000 sq ft on a two acre site.

Mark Robinson of the agents said: “We have now disposed of the former premises, including three freeholds.  Demand has been steady, reflecting, in some ways, the lack of reasonably priced units in the Cambridge area.

“Three of the units offered for sale were in Orchard Road. Units 3 and 4 are a mid-terrace double unit totalling 7,315 sq ft  and have been sold to Jamie Porter who owns the Alfa Romeo dealership opposite.  The price tag was £535,000.  Opposite these, Unit 18 Orchard Road has been sold to MI Broadcast Ltd from Cherry Hinton.  An end of terrace unit of 3,220 sq ft plus mezzanine of 670 sq ft, it was offered on a 968 year lease at £275,000.

“Around the corner, the  2,185 sq ft unit 6 at the rear of 24 Jarman and the adjacent Unit 7 of 1,615 sq ft, have also been sold subject to contract, having attracted a high level of interest, going to best and final offers with eight bids on each. They sold materially above the asking prices.

“To complete the relocation programme, Royston Labels have just handed back Units 5/7 Jarman Way to the landlord following a series of lease extensions.

“What has been shown by this complex series of transactions is the level of demand for commercial space in this key area of Royston.”

FOR FURTHER INFORMATION PLEASE CONTACT MARK ROBINSON ON 01223  346195 OR EMAIL: mbr@robinsonlayer.co.uk.

 

This mage and the one above are two of the recently sold properties.

ROYSTON FIVE YEAR RELOCATION PLAN COMPLETED
Peter Layer

Peter Layer
Partner
Professional Services
DD: 01223 346192
Email: Click Here

Johnathan Lager

Jonathan Lager
Partner
Property Management
DD: 01223 346193
Email: Click Here

Mark Robinson

Mark Robinson
Partner
Commercial Estate Agency
DD: 01223 346195
Email: Click Here