22nd January 2019
Taylor Freeman Kataria were recently instructed to source an occupier for 227-247 Gascoigne Road, Barking on a temporary basis whilst the owner considers his options with regard to a potential redevelopment of the site. The unit measured in total 6,500 sq. ft and featured two up-and-over loading doors, double storey offices, allocated parking and loading to forecourt. Terms were agreed with a rapidly expanding pet food distributor for a short term lease to be excluded from the security of tenure provisions of the Landlord and Tenant Act 1954 with the incorporation of a break clause at just under £10.00 p sq. ft. The unit was let with all legal formalities completed within 2 weeks of the former tenant vacating.