Siemens sub-let industrial premises

Siemens have sub-let their industrial premises at Stroud to Customade Ltd on a co-terminus sub lease.

Units 1 & 2, Brunel Court at Stroudwater Business Park comprise 18,600 sq ft and have been taken by Customade for Manufacture, Storage and Distribution use at a rent of £50,000 per annum.

Despite tough local market conditions this shows a substantial sub-letting to a good local occupier is possible and the deal represents a great result for all parties.

Rapleys and Alder King jointly acted for Siemens.