Thursday, October 6, 2011

News: Vector 31 is 100% let


The leasing of a 35,602 sq ft unit by delivery couriers, Hermes means that the Vector 31 Business Park in Rotherham is 100% occupied.

The UK's largest home delivery courier network, has taken the warehouse unit on a 10-year lease to handle new business growth and enhance the company's existing depot network.

Adam Leach, estates manager at Hermes said: "The unit has replaced an existing smaller depot in the region and was selected due to the facility's quality and layout as well as the ease of access to the motorway network. It will ensure we possess the necessary capacity within our network to achieve our future growth plans and are well prepared to handle high volumes during the forthcoming peak period."

Langtree has delivered over 160,000 sq ft of industrial space across two phases at this development, the first phase of which was fully occupied within 12 months of completion. This latest letting takes the whole site to 100% occupied.

Helen Gordon, senior property manager at Langtree, said: "We specialise in creating high quality units offering flexibility for manufacturing and distribution companies and Vector 31 offers one of the most modern environments available in the region."

The agent for Vector 31 at Waleswood, Rotherham, is Knight Frank's Sheffield office.



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