SHW firm lets Sutton industrial property to Asian food supermarket
Acting on behalf of Sutton Council, Stiles Harold Williams Partnership LLP (SHW), has let 38 Kimpton Road to H Mart Europe Ltd, which was originally a US-based distributor of Korean Foods in the UK.
The brand new unit has been constructed by Salmon Property on behalf of Sutton Council.
It also provides for 17,000 sq ft of state-of-the-art energy efficient warehousing which has achieved a BREEAM (Building Research Establishment Environmental Assessment Method) rating of excellent.
Alex Gale, partner of SHW, commented: “Sutton Council should be applauded for having the foresight to build new industrial capacity at a time of historic chronic shortage.
“The vacancy rate in this area is currently less than four per cent.”
38 Kimpton Road hosts a series of eco-friendly features including electric car charging points, rainwater harvesting and photovoltaic cells for solar energy capture.
SHW is a firm of national independent property advisors, which are based in London and the South East of England. Around 200 staff are employed across eight offices, and are known for knowledge in office, industrial and retail property.
H Mart were represented by Whitby Smith. The property has been let on a new 15-year term.
Looking to promote your product/service to SME businesses in your region? Find out how Bdaily can help →
Enjoy the read? Get Bdaily delivered.
Sign up to receive our popular morning London email for free.
Powering a new wave of regional screen indies
A new year and a new outlook for property scene
Zero per cent - but maximum brand exposure
We don’t talk about money stress enough
A year of resilience, growth and collaboration
Apprenticeships: Lower standards risk safety
Keeping it reel: Creating video in an authenticity era
Budget: Creating a more vibrant market economy
Celebrating excellence and community support
The value of nurturing homegrown innovation
A dynamic, fair and innovative economy
Navigating the property investment market