Value Add Project

Harcourt Trading Estate, Telford

Telford, Shropshire

Harcourt Trading Estate, on Halesfield 11 in Telford, Shropshire comprised two terraces of industrial units totalling 67,300 sq.ft. When it as acquired it was let to a single occupier who had sub-let some of the units with other being vacant. When the head lease expired Nurton negotiated a substantial package of dilapidations works with the occupier which we chose to pay to enhance thus significantly improving the estate. The scheme was subsequently let up and sold to a specialist industrial investor in late 2017.