Haslams are delighted to have been instructed by SEGRO to market a 7.5 acre site at Imperial Way, Reading for design and build pre lets of up to 185,000 sq.ft.
“Our main focus will be on the warehouse/distribution and industrial markets but have not ruled out other uses at this stage.” commented Neil Seager, partner. The former Premier Foods unit has now been demolished and formal marketing will commence shortly.
As the supply of warehouse / distribution and industrial property in Reading continues to reduce this site is one of very few that can offer warehouse / industrial design and builds. Occupiers specific requirements can also be accommodated to include specific eaves heights, yards sizes, loading arrangements, car parking numbers etc. A good proportion of the second hand stock in Reading and the surrounding area is compromised and unsuitable for certain types of occupiers.
Neil expands “A design and build provides occupiers with the ability to incorporate their specific requirements into their new property. Furthermore, Imperial Way is ideally located for distribution only half a mile from junction 11 of the M4. As a result of these factors, and retailers having to reconsider how they manage their distribution networks in light of the surge in Internet retailing, we are confident of securing occupiers in short order”.
For further information contact neilseager@haslams.co.uk or rogerreid@haslams.co.uk. CBRE are joint letting agents.
Added by
Neil Seager
BSc (Hons) MRICS