Acting on behalf of Praxis Real Estate Management Ltd, Hurst Warne have recently concluded a rent review at Form 1, Bartley Wood Business Park, Hook. This modern Grade A building was developed in 2000 and comprehensively refurbished by the previous owners in 2017 providing the best office space in Hook and arguably some of the best office stock in the Black Water valley.
The unit in question comprised 13,650 sq ft with Hurst Warne achieving a new net effective rental level for the building and delivering an 9% increase in rental income per annum through to the next Lease event. We are delighted to have delivered this result for our client in challenging economic market conditions. Hurst Warne continue to advise on asset management opportunities at the building.
For further information speak to Glyn Lloyd (Director) 07921 178 817.
