Eight Years Vacant – Let in Eight Months Under Craigard Ownership
Craigard is delighted to announce the letting of the ground floor suite at Eaglepoint to Portland Financial Solutions Ltd.
Craigard acquired the building in December 2012 with two suites totalling about 8400 sq. ft. vacant. Lorne Stewart signed for the first floor suite in early August.
At the end of August Craigard completed a letting of the last suite on the ground floor to Portland Financial Solutions Ltd at a rent of £12 per sq.ft. with an eighteen month rental package on a five year deal. The floor area is about 4800 sq.ft.
Portland Financial Solutions Ltd were advised by Hellier Langston and were re-locating from Solent Business Park. Craigard were advised by Lambert Smith Hampton.
Paul Foster, Managing Partner of Craigard Investments, commented, ”We are absolutely delighted to secure this letting to Portland Financial Solutions Ltd and have a fully occupied building at Eaglepoint. We acquired the property back at the end of 2012 and had a three year business plan to achieve these lettings. That they have been secured in eight months is fantastic result. The ground floor suite has never been occupied since the building was constructed – eight years vacant and we have let it within eight months!