Arbitration on M62 ‘Hybrid’ Building

Howard Jenkins is advising private investor clients in respect of a rent review of a high office-content ‘hybrid’ building of c.25,000 ft² located on Normanton Industrial Estate, just off Junction 31 M62.

The detached building comprises 14,000 ft² of air-conditioned offices and 11,000 ft² of warehousing, on a self-contained site of c.2 acres. The passing rent of £133,250 pa is due for review dating back to 2011, and is now listed for Arbitration.