Expansion for firm which supplies office ‘micro-markets’
Workplace refreshment specialist, R+R Hub is set to expand after buying new headquarters buildings.
Property consultancy Innes England has brokered a deal for two new units for the business, which designs and installs custom-built “micro-markets” in offices.
Innes England advised R+R Hub that there was an opportunity to buy the neighbouring property in an off-market deal with FHP Property Consultants.
Spanning around 8,000 sq ft, the two units sit close to both Netherfield and Carlton train stations, and Colwick industrial estate.
Simon Leadley, director of R+R Hub, said: “The new units are exactly what we were looking for when we approached Innes England. It’s not easy to find two adjacent units available at the same time so we were really impressed with Innes England’s ability to secure both sites, despite one not being commercially available.
“We’re really pleased to now own three units next to each other, with all the opportunity this brings for the future of R+R Hub.”
Ross Whiting, associate director at Innes England who managed the sale, said: “R+R Hub came to us with a detailed brief of its requirements and we’re pleased to have delivered on its requests. We pride ourselves on being able to secure off-market, exclusive properties for our clients, going above and beyond to find the perfect site to suit their needs.
“Pintail Close was no exception and although the units were not initially available, we overcame the challenge and we were able to strike a successful deal for our client to secure the asset for future growth.”
Anthony Barrowcliffe, surveyor at FHP, added: “I initially let Units 4 and 4A for the landlord so I am particularly pleased that I could go on to sell the investment. As a whole, there are currently very few opportunities within Nottingham to secure good quality industrial units or investments.
“With few assets of this size and nature available, we were able to agree the sale of this property before placing it on the market. There is strong investment demand for high-calibre industrial assets like Pintail Close which has meant investments like this have become very sought after.”