Acting on behalf of Ramac Holdings, Glenny’s Business Space Agency has let a 2.2 acre site in Charlton, London to Sivyer, a waste management company for construction projects.
Let on a 10 year lease for £350,000 per annum, the land is located on Ramac Way and will be used as a key hub for the south east London area.
Ivan Scott, Divisional Partner at Glenny, said: “This rent reflects the demand for open storage sites in locations like these. Opportunities to acquire sites of this size on long leases are increasingly rare, and because the occupier wanted to remain close to its customer base and maintain its status as a leading London brand, we were able to negotiate a good deal to the satisfaction of all parties.”
Simon Sivyer, Managing Director of Sivyer, added: “We’re delighted to have taken a lease at Ramac Way and would like to thank the team involved.”