Mounsey Surveyors was appointed by AVC Investments Limited to handle the lease renewals and rent reviews of units at Park Hall Business Village in Longton, Stoke-on-Trent.
Covering a range of industrial units varying in size from 1,970 sq. ft. to 10,700 sq. ft., we successfully completed twenty landlord and tenant transactions, demonstrating the strength and appeal of Park Hall Business Village.
Through proactive lease negotiations and strategic asset management, we successfully secured a rental increase of 19.38%, delivering a total rental uplift of £163,000 per annum. This performance not only benefits our client but also reinforces the investment potential of this established industrial and commercial hub.
Alex Hancock of AVC Investments commented,
“We’ve greatly appreciated the expertise and dedication of the Mounsey Surveyors team in handling our lease renewals and rent reviews at Park Hall Business Village. Their proactive approach and deep understanding of the local market have been invaluable in securing the best outcomes for our portfolio.”