Deals

Travis Perkins takes two units at Valley Park

CBRE Global Investors, advised by Glenny and joint agent Stimpsons, has let two units comprising 31,847 sq ft at Valley Park in Watford, Hertfordshire. Travis Perkins, the UK's largest builders' merchants, has signed a 20-year lease on Units A and B, and will be open for trade on 8th May 2018. The property comprises two semi-detached modern industrial warehouse units, constructed in the early 1990’s incorporating two storey offices and a large shared loading area and parking area to the front. Ivan Scott, Divisional Partner at Glenny, said: “As stock availability continues to diminish in sought-after areas in and around the M25 region, this deal represents an excellent strategic location for Travis Perkins, and provides CBREGI with a high profile, quality tenant, secured on a long lease.”