NG boxing clever with 10,000 sq ft sub-let deal

NG
Sunny Landa

Commercial property specialists NG Chartered Surveyors have completed a sub-letting of a 10,000 sq ft light industrial unit in Alfreton after being hand-picked by the tenant to secure the deal.

Sunny Landa, Director at NG, has let Block 1, Unit 1 on Amber Business Centre to courier delivery specialist Parcelink Logistics Ltd.

The logistics business was looking to move on from their former unit after undergoing expansion and 1.1 Amber Business Centre was the perfect location. NG has now successfully sub-let the premises to Parcellink.

Sunny said: “It always satisfying to be brought in to project manage a deal for a client who we have known and worked for over the years.

“We used our market intelligence to identify and source the right enquiries which ultimately yielded a quick result for our client. Assignments and sub-lettings can be complicated given the number of parties involved in the transaction. It’s always important parties seek representation and advice early in the process so they fully understand their rights under these situations.

“That said, handled in the right way, sub-lettings can be achieved on large units such as this one. I’d urge other tenants who want to move on from their leases to get in touch as we may be able to offer a clever solution.”