PropList Blog
Despite the current lockdown, which has either slowed the markets massively or brought some to a standstill, we are still receiving enquiries for smaller industrial and warehouse units - lost between 5,000 sqft and 15,000 sqft but with a number below and slightly above this. Ideally fitted, racked and ready for immediate use, on a short to mid term basis, with options for longer term rental.
These have mostly come from online retail, companies looking to now move online and "last mile" delivery companies.
This demand from smaller home delivery business, which have seen considerable growth in the last few weeks, with the need flexibility in their lease terms reflective of these being exceptional circumstances.
They need space for the time being to cope with the current increase in customer levels but may want to be able to leave this when the crisis subsides or, more positively, move towards a more online approach to their sales.
Some landlords are more being more accommodating for this flexibility, especially where it impacts on front line support (food, medicines, ppe etc) but there are a number of opportunities for longer growth.
Proplist has put together a page of properties that might be of interest and please do not hesitate to contact us if we can assist further.
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