Brixton has let 27,700 sq ft at Premier Park in Park Royal, West London, to umbrella maker, A Fulton Company.
Fulton has taken the warehouse, part of phase II of development at Premier Park, on a 15 year lease with 6 months rent free at a rent of £11.75/sq ft. There are break options after five and 10 years.
Premier Park is now almost 95% occupied.
Brixton has let space this year to companies including Royal Mail Group, Malibu Health Products and retailer Jack Wills, all at rents above valuers’ estimated rental values at June 2008.
CB Richard Ellis advised Brixton.