28/11/14
RO Real Estate, the UK commercial property investment and development company, has completed two new lettings, totalling circa 3,000 sq ft of space at Staines One in Staines-upon Thames, Surrey.
ASG Software Solutions has taken 2,764 sq ft on the second floor of the building, on a 5 year lease ata rent of £76,010 (£27.50 psf) with half-rent in the first 2 years.
United Closures and Plastics Limited (UCP) has taken a further 192 sq ft of space on the ground floor and it has signed a new reversionary lease on the existing 630 sq ft from December 2015, both at a rent of £27.50 psf.
Staines One is a three storey self-contained office building, with 8,095 sq ft of air-conditioned office space and secure parking for up to 33 cars. It is conveniently located near the station which provides just a 35 minute service direct to London Waterloo Station. RO Real Estate refurbished the building in 2009 and since then Staines One has always let well. There is currently only 336 sq ft available.
Richard Bourne, head of RO Real Estate, said: “These new lettings are testament to the quality of the building as we continue to retain tenants at Staines One. This positive result is in line with our strategy of buying well located assets which will let well and can be improved through active asset management.”
New Ballerino acted for RO, while Dixon Wright acted for ASG Software Solutions. UCP were unrepresented.
- Ends -
For further information:
Richard Bourne, RO Real Estate
0207 025 1780
Richard.Bourne@rogroup.co.uk
Faye Walters, Tavistock Communications
020 7920 3150
fwalters@tavistock.co.uk
Notes to Editors:
RO Real Estate is a privately-owned company specialising in commercial property investment and development in the south east. It is the property division of the RO Group, which has majority interests in businesses involved in residential development, high-quality holiday lodge developments, domiciliary and specialist care services and the development of utility-scale solar energy projects.
www.rogroup.co.uk
www.rorealestate.co.uk
RO Real Estate is a privately-owned company specialising in commercial property investment and development in the south east. It is the property division of the RO Group, which has majority interests in businesses involved in residential development, high-quality holiday lodge developments, domiciliary and specialist care services and the development of utility-scale solar energy projects.
www.rogroup.co.uk
www.rorealestate.co.uk
