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January 2018 News

Glenny’s Lease Advisory team concludes North London industrial estate rent review

10 January 2018

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On behalf of a regional property company, Will Mitchell, Associate within the Glenny Lease Advisory team, has recently concluded the review of a North London industrial estate held under a long leasehold interest. Glenny’s growth in North London and the Lea Valley Corridor, combined with a new office in Harlow, is enabling the transfer of skills and unrivalled property knowledge into other areas of growth such as Hertford, Harlow, Hoddesdon and Waltham Cross. Understanding of complex lease structures and clauses that are typical in Enfield and Haringey meant Glenny was the preferred landlord representative.

Will Mitchell says, ‘Despite being aware of notable rental growth over the last few years, our understanding of how best to apply this in the context of this lease enabled us to raise the rental profile of this estate and, in turn, its investment value in accordance with our client’s instruction. Other divisions within Glenny continue to advise on this estate which shows how Glenny can add value with our cradle to grave service offerings in strategic locations.’

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