New Nottingham Premises Acquired For APN Display Limited

Posted January 2013

Geo Hallam and Sons have acquired industrial premises for long established clients APN Display Limited.

The premises are located on Ashville Close part of the popular Queens Drive Industrial Estate approximately 1 mile from Nottingham city centre and with quick access to both inner and outer ring roads. The unit was chosen due to its size, location and quality but also the availability of a large capacity power supply.

The premises comprised 10,550 sq ft of industrial space with offices and had been refurbished by the Landlord the CAA investment fund.

The acquisition had to dovetail with the successful sale of the building APN Display occupied to Simon Elvin Ltd on Riverside.

A new 10 year lease was negotiated with tenant’s break at the end of the fifth year. The unit is the largest on the estate.

James Hall of Geo Hallam and Sons commented “We carried out an extensive search around Nottingham for APN Display and this refurbished unit located with quick access to the city centre and ring road system was perfect for our clients. APN Display needed the lease to be agreed quickly and everyone involved worked hard to achieve this.”