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Email: Phone: 0207 486 5777
Email: Phone: 0207 486 5777

Another letting of 32,000 sq ft achieved in a difficult leasing environment

Red Kite have done it again ………………with the assistance of Richard Smith at King Sturge in Cardiff the vacant unit within the Distribution Warehouse portfolio that is asset managed by Red Kite has been let to SC Sportshomes makers of bespoke motorhomes. The unit was in the middle of Cwmbran and had an area of 32,000 sq ft.

Having had the unit vacant for some months following the consolidation of the previous tenant Rentokill RDC’s – this letting secures a good local tenant and creates a positive cash-flow for the next 3 years out of the unit for the fund.

Thank you Richard and King Sturge – a job well done!